Occupy's Trigger Moment

Strike Debt's Rolling Jubilee is a tactical mindbomb.

KeystoneUSA-ZUMA/Rex Features

With the election behind us, Occupy is emerging as an energized fighting force with new tactics and a renewed revolutionary potential. Spain's indignados are refocusing their rage against the banks by “jamming cash machines with glue and coins,” reports Reuters, in a tactical shift toward direct disruption of the flows of capital. Occupy Sandy is demonstrating the power of horizontal, people-to-people organizing with a relief operation that is feeding and caring for thousands in New York. And then there is perhaps the biggest tactical mindbomb of all: an audacious culture jam, originally conceived by Adbusters in 2009, to buy and abolish debt.

Tomorrow, Strike Debt, a maverick affinity group of Zuccottis, is kicking off the Rolling Jubilee . . . a project that “buys debt for pennies on the dollar, but instead of collecting it, abolishes it.” The ultimate goal is to “liberate debtors at random through a campaign of mutual support, good will, and collective refusal.” The plan has attracted sizable media attention from CNN, the NY Times, Salon and more. Writing for the Guardian, Charles Eisenstein explains its “transformative potential”:

Two pillars uphold the present debt regime: the moral legitimacy of debt in society's eyes, ie, the idea that a person 'should' pay back what he owes; and the coercive mechanisms that enforce repayment, such as harassment, seizure of assets, garnishment of wages, denial of employment or housing, and even imprisonment. The Rolling Jubilee erodes both. It destigmatises debt by saying, ‘we're all in this together, we believe your situation is unfair, not shameful, so we're going to help you out’.

The Rolling Jubilee has already raised enough money to abolish over $3.2 million in debt . . . raising the tantalizing possibility that Occupy's biggest trigger moment – the spark of a widespread refusal against the financialization of life – is still to come.

November 15, watch the live jubilee telethon at

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26 comments on the article “Occupy's Trigger Moment”

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Saw the following remark, with seems to be about Livestream, on the internet.

'Why does this channel even exist? None remain who know. All we know is this: this channel is almost completely unused, and it is mindbogglingly boring. Several of our greatest experts have been hospitalized from the sheer amount of boringness emanating from this livestream channel.'

Sadly, from most Livestream footage, the comment seems about right.


P.S: Questioned the "Anonymous" attack, not to undermine TRUE actions and revolts, but to ask whether this might be some kind of FALSE Flag operation?


"Hacking network Anonymous declares cyber war on Syrian govt".
(Published on RT: 30 November, 2012, 22:49)

Sorry for going off-topic but have to ask if this a False Flag op? For it seems unlikely that Anonymous would have the level of skill to carry out such an action. And, even if they did, what give them the right?

Kristina Dioricci

What an awesome show of force!

Thank you, strike debt.

I wanted to share a video with you, I think you'll appreciate where it's coming from as much as I do.

Here it is:

Kiera Johnston

When you instruct an Debt collector or debt recovery company to recover a commercial debt on your behalf, they may adapt their procedures in order to meet your commercial requirements. This could include advising them of the type of approach that you wish to make to the client, either being 'goodwill' or 'hard-line' dependent on whether future business transactions could be possible.


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