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Eric Toussaint

When the Russian Revolution Repudiated the Debt That Tsarism Had Contracted against the People

This article by Eric Toussaint, founder of the Committee for the Abolition of Illegitimate Debt, offers lessons for today from the story of how the Bolsheviks, almost immediately after the 1917 Russian Revolution, repudiated the foreign debt that the Tsarist autocracy had taken on — against the interests of the masses.

Eric Toussaint

February 13, 2022