No-debt: Rebels against the debt, prone at the feet of the Capital
“State loans, the creation of the ever increasing, gigantic public debt, is one of the keystones of capitalist accumulation. Marx, in Book One of Capital (chap. XXVI, 8, on the genesis of the industrial capitalist), states: ‘National debts, i.e., the alienation of the state – whether despotic, constitutional or republican – marked with its stamp the capitalistic era. The only part of the so-called national wealth that actually enters into the collective possessions of modern peoples is—their national debt. Hence, as a necessary consequence, the modern doctrine that a nation becomes the richer the more deeply it is in debt. Public credit becomes the credo of capital. And with the rise of national debt-making, want of faith in the national debts takes the place of the blasphemy against the Holy Ghost, which may not be forgiven’”.