Do you believe credit is the new slavery ?

Answer 1

Yes. Credit card companies like Capital 1 trap you then once captured you have to endure years of suffering at their hands unless you're able to escape.

Answer 2

No, if you are referring to the current day system of financial credit (such as credit cards, etc.).

Slavery is often relegated to physical and emotional ownership of one human being by another entity, against that human being's will.

I think this reference you are suggesting might actually seem to trivialize the harmful effects of human slavery in the past, practiced notably by many colonizing nations.

Although you could make the argument that people are forced into credit from birth, order to buy a car outright, a house, etc.

Answer 3

No one makes you spend more than you earn. Equating credit card debt to slavery makes a mockery of the pain and suffering people who were sold as slaves and made to work without pay had to endure.

Answer 4

the short answer to this is "no"

Slavery implies that there is a lack of choice within a given instance. Using this definition, when you choose to charge something, nobody is making you do it.

Answer 5

No, because you have a choice on whether to overextend your finances and slavery is not (usually) a choice of lifestyle.

Answer 6

It is certainly a kind of slavery.

Answer 7

YES,BECAUSE CREDIT CARDS OR ANYTHING DEALING WITH CREDIT IS NOT MET TO BE PAID OFF

Answer 8

It has been for me!!! For at least since I was 18.

Answer 9

Only to those who don't keep a zero balance.

Answer 10

im 21 and in $50,000 in debt!!!!! i hate credit cards!! and refuse to use them anymore.......thats only cuz their maxed out!!!