Tuesday, January 14, 2014

money comes money goes

         The story of debt, which dates back to pre-historic times, has been deeply connected into our way of life from history and literature. With financial and economic crises, Margaret Atwood in her Article “Debtor’s Prism” seeks to bring the origin and historical development of debt. She goes on explaining how people are all in debt trying to pay off whatever it is they own or invested. Atwood brings an example as to how a person who has a mortgage is someone that is in debt until they pay it off. she has it thought out like a cycle since your borrowing money the debtor help's you out and when you pay it off you help the debtor by him now being able to give the money to others so everyone makes something good out of the situation.

         In the article Margaret Atwood brings the character Mr. Scrooge into the picture because he plays a big role in the idea of debt. She says in questions #2 “nothing against Scrooge’s being rich” to bring out the point that even thought he was a debt collector him being rich is great on his part and has no effect on others. Mr. Scrooge represents money and debt for the fact that he controls people’s futures in a way. He helps people out by giving them money to buy whatever it is they wish to buy like let’s say a house, he loans them the money and they pay it back eventually however they possibly can. Those people automatically are in debt until they pay off whatever it is the amount they owe to the debt collector which in this case is Mr. Scrooge. 

2 comments:

  1. Late! But a great post :-) Though, to say Scrooge "helps" people by lending them money is a little off the mark.

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  2. Limor , I like your summary because you did not go all around the world to make a point. I think next time I will make my resumes like that. It was very simple to read. I enjoyed reading it. and in regard of the scrooge helping other, may be if he play a fare game when he lends to people.

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