Topic: Debt Peonage

1 chapters across the catalog

50: Class Action
• 1:38:24 - 1:43:19

50: Class Action

Sharecropping System, Debt Peonage and Modern Parallels

Post-Civil War sharecropping is described as "slavery under another name," where landowners used debt and high-interest store credit to keep laborers tied to the land. Mo Fax shares a personal connection, mentioning his great-great-grandfather's sharecropping records. The hosts draw parallels between historical debt peonage and modern economic systems where individuals are unable to own property.