Chapter
Debt Peonage in the South
24:15 - 31:55 (07:39)
This transcript explains how debt peonage was a system of exploitation in the South, similar to the company store model, where laborers would offer half their crops as capital and start borrowing. This led to high-interest rates and debt that often resulted in having to work for their former plantation owner.
Clips
Debt peonage and sharecropping were systems of modern-day enslavement that arose in the American South after the Emancipation Proclamation.
24:15 - 26:58 (02:43)
Summary
Debt peonage and sharecropping were systems of modern-day enslavement that arose in the American South after the Emancipation Proclamation. These systems kept Black Americans in a cycle of debt and poverty, as they were exploited by white plantation owners and merchants who took advantage of their lack of opportunities and education.
ChapterDebt Peonage in the South
EpisodeWhat were the black codes?
PodcastStuff You Should Know
In this episode, the host discusses the use of debt as a means of exploiting and controlling black people throughout history, from the days of slavery to modern-day payday lending.
26:58 - 28:59 (02:01)
Summary
In this episode, the host discusses the use of debt as a means of exploiting and controlling black people throughout history, from the days of slavery to modern-day payday lending.
ChapterDebt Peonage in the South
EpisodeWhat were the black codes?
PodcastStuff You Should Know
This podcast discusses the modern-day implementation of vagrancy laws and the descendant impact it has on Black Americans, forcing them to work for predominantly white employers with limited pay and benefits through apprenticeships, among other means.
29:00 - 31:55 (02:54)
Summary
This podcast discusses the modern-day implementation of vagrancy laws and the descendant impact it has on Black Americans, forcing them to work for predominantly white employers with limited pay and benefits through apprenticeships, among other means.