Read Payback: Debt and the Shadow Side of Wealth Online

Authors: Margaret Atwood

Tags: #History, #Writing, #Business & Economics, #Philosophy, #Nonfiction

Payback: Debt and the Shadow Side of Wealth (23 page)

( Acknowledgements )

This project has been a labour of love. I did it for Anansi, and for its proprietor, Scott Griffin, in particular: valour in the face of such daunting challenges as literary publishing in Canada should not go unrewarded, although it usually does.

There are many others to thank. First, my agents, Phoebe Larmore of North America and Vivienne Schuster and Betsy Robbins of the United Kingdom. From House of Anansi Press, Sarah MacLachlan and Lynn Henry. From Bloomsbury, Alexandra Pringle. Heather Sangster, tireless copyeditor. From the cbc, Philip Coulter and Bernie Lucht. From Massey College, Master John Fraser, and the two research assistants he so ably provided in the time of need, Claire Battershill and Dylan Smith.

Thanks to my very helpful first readers, Jess Atwood Gibson and Valerie Martin, and also to Drs. Ramsay and Eleanor Cook, who rightly scribbled “This is silly” in some of the margins. I hope I have managed to take those bits out, though other silly things unnoticed by them may remain. Thanks also to sounding boards David Young and Judith Timson, to whom I blathered on. Thanks also to the O. W. Toad office support staff, Sarah Webster, Shannon Shields, Laura Stenberg, Penny Kavanaugh, and Anne Joldersma, who, when things were falling apart, kept them from falling apart completely.

And finally, thanks to Graeme Gibson, who understands balances and puts up with imbalances, including mine when I’m writing books.

To all, I stand indebted.

( Permissions )

Permission is gratefully acknowledged to reprint excerpts from the following:

(p. 9) “Mortgages.” Valerie Martin. Personal correspondence with the author. Used by permission.

(pp. 19–20)
The Moral Animal
, by Robert Wright (Vintage, 1995). Copyright © 1994 Robert Wright. Used by permission.

(pp. 46–47) The Reverend Jennie C. Olbrych, comment on “Outrageous Forgiveness,”
St. James Santee Episcopal Church Blog
, comment posted September 23, 2004. Reprinted with permission.

(p. 58)
The Creation of Patriarchy
, by Gerda Lerner. Copyright © 1986 by Gerda Lerner. By permission of Oxford University Press, Inc.

(pp. 69–70) “Blair Believes He Can Do No Wrong: Ask the Antinomians,” by Sam Leith. Copyright 2006,
The Daily Telegraph.
Reprinted with permission.

(pp. 133–34) Excerpt from p. 8 of
Get Shorty
, by Elmore Leonard. Copyright © 1990 by Elmore Leonard. Reprinted by permission of HarperCollins Publishers and The Wylie Agency, Inc.

(p. 196) “By 2042,
MIT
Team Says: Collapse of World Economy Foreseen if Growth Goes On,” by Paul E. Steiger. Copyright 1972,
Los Angeles Times
. Reprinted with permission.

( Index )

“amends,” concept of,
170–71
American Revolution,
142
Antinomian Heresy,
69–72
Astraea,
24–25
,
30
,
31
,
39
Athene,
37–39
Axelrod, Robert,
20
balances,
1–40
and equivalent values,
15–17
and fairness,
12–20
,
28
,
148
,
162–63
and justice,
23–40
and reciprocity,
14
,
20–23
,
27–28
,
29
,
32
.
See also
fairness; justice; justice, mythologies of
Bedonebyasyoudid, Mrs.,
22–23
,
25
,
30
,
34
,
39
Black Death,
141
,
183–87
Blair, Tony,
69–70
Blake, William,
111
,
189
borrowing and lending,
50–51
,
79–80
Buchan, James,
158
cheating,
19–21
,
112–13
,
119
,
138
,
164
by debtors,
42
,
54
,
85
,
101–102
,
105
of tax collector,
78–79
child labour,
128–29
Christ,
67–69
,
139–40
,
141
Christianity: and moneylending,
96–97
,
144–45
,
154–55
and mythology of justice,
32–34
,
40
and racism/anti-Semitism,
155–56
spiritual debt and repayment in,
67–69
and wealth,
94–97
A Christmas Carol
(Dickens),
3
,
78
,
86–99
,
120
.
See also
Scrooge, Ebenezer
Club of Rome,
196
contracts: and lawyers, as means of oppression,
115
,
117–19
protective qualifiers in,
14
as signed with Devil,
72
,
74
,
78
,
88
,
113
,
115
,
118
,
163–64
credit cards,
8
,
42
,
46–47
,
131–32
creditors: as paired with debtors,
40
,
124
,
143–47
,
150
,
152
,
163
persecution of,
144–47
,
165
,
194
.
See also
debt slavery; Devil; moneylenders
crime,
122–26
Daniel, Book of,
166
Darwin, Charles,
22
,
182
David Copperfield
(Dickens),
129–30
death: and debt,
80
,
119
,
186
as debt paid to Nature,
181
,
183–87
and time,
167–68
Death on the Installment Plan
(Céline),
72
debt,
9–10
and death,
80
,
119
,
186
due date for,
166–73
and equivalent values,
15–17
and fairness,
12–15
,
51
,
118
,
152
,
162–63
and human nature,
10–15
as incurred by rulers,
134–47
,
165
,
181–83
,
193–94
and memory,
75
,
76
,
78
,
81
,
141–42
,
163
nonpayment of,
56–59
,
126–34
as not always paid back with money,
113
,
118
,
125
,
147–61
trickle-down theory of,
101–103
.
See also
“Debtor” (life game); taxation
debt, as owed to Nature.
See
environment, mankind’s payment of debt to; environment, threats to
debt, as plot,
81–121
,
164
in
A Christmas Carol
,
86–99
excitement/entertainment value of,
82–83
,
85–86
in Faust story,
74
,
82
,
88–93
in
The Mill on the Floss
,
108
,
114–19
and “ruin,”
106–108
,
114–17
in
Vanity Fair
,
101–103
,
104–105
and women,
101–103
,
104–108
,
114–19
debt, and sin,
41–80
,
163–64
Devil’s role in,
63
,
67–68
,
71–74
,
78
and forgiveness,
44–49
,
75
and pledging/ pawning of items,
51–56
and pledging/pawning of souls,
59–69
redemption of,
51
,
54
,
56
,
59
,
63
,
64
,
66
,
67–70
,
164
and slavery/oppression,
56–59
,
78–79
,
92–93
,
127
and substitution/sacrifice,
63–67
,
72–74
,
179
and taking vs. trading,
49–51
debt management,
6–7
,
41–43
“Debtor” (life game),
83–84
,
85–86
,
119
,
121
“Try and Collect” version of,
85
,
101–102
,
105
,
131
,
133
debtor and creditor, as paired,
40
,
124
,
143–47
,
150
,
152
,
163
debtors’ prisons,
105
,
127–31
,
165
debt relief,
182–83
,
199
debt slavery/oppression,
56–59
,
127
lawyers’ role in,
115
,
117–19
by moneylenders,
78–79
,
92–93
,
96–97
and patriarchy,
58–59
and records,
78–79
Defarge, Madame,
149
“The Deil’s Awa’ wi’ the Exciseman” (Burns),
79

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