Over the last 30 years, wages have stagnated and average household debt has more than doubled. People are forced to take on debt to meet their everyday needs like housing and education, leading to devastated communities and an increasing reliance on credit to maintain basic living standards. This system enriches the lives of few at the expense of many. The Debt Resisters' Operations Manual is a handbook for debtors everywhere to understand how the debt system really works, while providing practical tools for fighting debt in its most exploitative forms.
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Strike Debt emerged out of thematic assemblies held in May 2012 in solidarity with the student strikes in Montreal. Occupy Theory, Occupy Student Debt Campaign, and Free University collaborated to hold an assembly on Education and Debt. Several weeks later, the group continued to meet under the name "Strike Debt." Strike Debt quickly realized that organizing around all forms of debt provided much-needed energy and systematic analysis to the movement. Strike Debt initiatives include launching the "Rolling Jubilee," a mutual-aid project that buys debt at steeply discounted prices and then abolishes it; hosting debtors' assemblies; and planning direct actions across the country, ranging from debt burnings to targeted shutdowns of predatory lenders. Each project is seen as a strike against the predatory debt system.
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