[paulryanrogers]

> ...many ancient societies had a notion of jubilee years, where all outstanding debts were forgiven and debt-servitude eliminated.

Even if ancient accounts are accurate then is there evidence such debt forgiveness was carried out ? And if so how consistently?

[md_]

I really don’t know more on the subject than Graeber writes. He describes it as a fairly regular occurrence in some societies, associated with upheaval (like citizens getting angry about overburdening debt or a new regime wanting to ingratiate itself).

Sort of like the current debate on college debt.