QuoteProject
Debt, n. An ingenious substitute for the chain and whip of the slavedriver.
Ambrose Bierce
ShareWTF𝕏

Interpretation

What this quote means

Debt represents a form of control over individuals, akin to slavery.

Ambrose Bierce's quote suggests that debt is a tool of oppression that binds individuals much like the physical restraints used by a slavedriver. It highlights how financial entanglements can lead to a loss of personal freedom, drawing a direct parallel between economic obligations and the harsh realities of slavery.

Themes

DebtSlaveryControlFreedomOppression

In practice

Example use cases

In a speech about financial literacy, one might reference this quote to emphasize the importance of avoiding debt.

More from Ambrose Bierce

PALM, n. A species of tree . . . of which the familiar "itching palm" ("Palma hominis") is most widely distributed . . . . This noble vegetable exudes a kind of invisible gum, which may be detected by applying to the bark a piece of gold or silver.
Ambrose BierceRead
Human nature is pretty well balanced; for every lacking virtue there is a rough substitute that will serve at a pinch--as cunning is the wisdom of the unwise, and ferocity the courage of the coward.
Ambrose BierceRead
Indigestion: A disease which the patient and his friends frequently mistake for deep religious conviction and concern for the salvation of mankind. As the simple Red Man of the Western Wild put it, with, it must be confessed, a certain force: 'Plenty well, no pray; big belly ache, heap God.'
Ambrose BierceRead
Disobey n:To celebrate with an appropriate ceremony the maturity of a command
Ambrose BierceRead
NOUMENON, n. That which exists, as distinguished from that which merely seems to exist, the latter being a phenomenon. The noumenon is a bit difficult to locate; it can be apprehended only by a process of reasoning - which is a phenomenon.
Ambrose BierceRead
PARDON, v. To remit a penalty and restore to the life of crime. To add to the lure of crime the temptation of ingratitude.
Ambrose BierceRead

Similar quotes

'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth - and nobody went to jail.
Matt TaibbiRead
Violence as a way of achieving racial justice is both impractical and immoral. I am not unmindful of the fact that violence often brings about momentary results. Nations have frequently won their independence in battle. But in spite of temporary victories, violence never brings permanent peace.
Martin Luther King, Jr.Read
We cannot think of being acceptable to others until we have first proven acceptable to ourselves.
Malcolm XRead
The subjects I wanted to write about - the mystery of the human soul, evil - didn't interest newspapers, and news reporting bored me.
Svetlana AlexievichRead
Death is a companion for all of us, whether we acknowledge it or not, whether we're aware of it or not, and it's not necessarily a terrible thing.
Alan BallRead
They attack the victim, and then the criminal who attacked the victim accuses the victim of attacking him. This is American justice. This is American democracy and those of you who are familiar with it know that in America democracy is hypocrisy. Now, if I’m wrong, put me in jail; but if you can’t prove that democracy is not hypocrisy, then don’t put your hands on me.
Malcolm XRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.