We Believe in Debt Justice
We recognise the devastating impacts that unjust and unpayable global debt has on the life chances of millions of people. Many of these debts are the result of irresponsible lending, being made to dictatorial regimes, relating to weaponry or environmentally unsound projects, lacking in transparency, and being made to countries which could clearly not repay them in order to maximise the profits of the lenders. We also recognise the harmful impacts of conditions attached to past debt relief which poor nations are forced to accept.
We believe governments should not have to prioritise servicing debt at the expense of investment in health, education and other citizen-determined needs. We believe that as citizens of lending countries we have a responsibility to take action against these unjust debts and the global economic systems which contribute to global poverty, inequality, and conflict.
We want Scotland to become a leading nation of debt justice, a Scotland which:
- Holds no unjust or unpayable debts
- Is not implicated in the creation of new unjust or unpayable debts
- Offers itself as a seat of arbitration for unjust and unpayable global debt
- Promotes debt justice internationally