Sentences with phrase «debt bondage»
Debt bondage refers to a situation where a person is forced to work against their will to repay a debt they owe. They are trapped in a cycle of servitude, compelled to work long hours or even under harsh conditions. It is a form of modern slavery, where individuals have limited or no control over their lives due to the debt hanging over them. Full definition
From debt bondage in India, forced labor in North Korea, and human trafficking in Europe and the United States, an estimated 40.3 million people worldwide are victims of modern slavery.
cfr.org
Unable to leave the farm, and forced to buy food at extortionate prices, workers were held in debt bondage until the government intervened.
His latest book is Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy.
Most debts in early Mesopotamia were owed to the palace, so rulers basically were cancelling debts owed to themselves and their collectors when they proclaimed Clean Slates that saved their economies from widespread debt bondage that would have diverted labor to work for creditors at the expense of the palace.
In the modern world, the weighted average global sales price of a slave is between $ 340 and $ 1,900 for the average s.ex slave, and a low of $ 40 to $ 50 for debt bondage slaves in parts of Asia and Africa
You can still mimic some of the great new looks on the red carpet, without having to go into permanent debt bondage to do it.
-LSB-...] debt bondage can be overwhelming, but setting a time goal will help you take control of your debt.
A Google search for Bada Bing later turned up an article about the club owner's 2007 kidnapping and a startling (if unverified) review of the club that mentioned cartels, HIV transmission, and women forced to work under debt bondage.
In - depth field research in the rural areas of Bolivia, Paraguay and Peru, has confirmed earlier perceptions that indigenous people are particularly vulnerable to a form of forced labour called debt bondage.
Yanis Varoufakis, Greece's former finance minister, launched a new party on Monday promising to free his country from debt bondage.
His latest book is Killing the Host: How Financial Parasites and Debt Bondage Destroy the...
If you plan to take advantage of credit card rewards, you have to pay off your balance each month if you don't want to get stuck making high interest payments, and wind up in debt bondage.
Modern slavery has become a catch - all term to describe human trafficking, forced labor, debt bondage, sex trafficking, forced marriage and other slave - like exploitation.
Debt bondage: The obligation of debtors to provide their own labor and / or that of family members to creditors to carry the interest and principal charges on loans or other financial claims.
At issue was whether the economy should be run to enforce creditor «rights» by depriving the population of its liberty from debt bondage, or should annul the debts.
Mesopotamia had usury and debt bondage, but its rulers managed to avoid the irreversible disenfranchisement and ultimate serfdom that plagued the Mediterranean lands.
Royal debt jubilees thus freed society from debt bondage, but did not liberate slaves.
The major policy tool for rulers to stabilize the economy and save their subjects from debt bondage was to proclaim Clean Slates wiping out the overgrowth of debt in excess of the ability to pay.
His latest book is Killing the Host: How Financial Parasites and Debt Bondage Destroyed the Global Economy.
One definition states that human trafficking is the recruitment, transportation, harboring or receipt of people for the purposes of slavery, forced labor (including bonded labor or debt bondage) and servitude.
This includes human trafficking, labour abuses, child labour, debt bondage, forced labour, migrant workers, and slavery, across the whole supply chain.
Labor trafficking — or recruiting a person for labor through force, fraud, or coercion for involuntary servitude, debt bondage, or even slavery — has been a difficult problem to track among undocumented migrant workers.
This is a nightmare with no time to free myself from debt bondage.
Debt Repayment, Goals business, credit, debt, debt bondage, ethics, finance, personal finance, tempt
This is coming from someone who knows first hand what it means to be in debt bondage!
Human trafficking involves the use of force, coercion, or fraud to induce an individual into performing a commercial sex act (sex trafficking), or to subject them to involuntary servitude, debt bondage, or slavery (labor trafficking).
It includes slavery, servitude, forced labour, debt bondage, and deceptive recruiting for labour or services.
Across the United States, men, women and children — both U.S. citizens and foreign nationals — are subjected to forced labor, debt bondage, involuntary servitude and sex trafficking.