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Are You an Indentured Servant? – No, Seriously!

KoinBlog, March 24, 2025March 7, 2025

Indentured servitude was once a contract entered into with the hope of escape—escape from poverty, from stagnation, from a life that promised nothing beyond mere subsistence. It was a promise of eventual freedom, bought at the cost of years of toil. Today, the contract is less explicit, but the structure remains. The promise of the American Dream functions as the contract, and fiat currency as the chain. The worker is told that through diligence, obedience, and patience, a life of prosperity awaits. But unlike the indentured servant of centuries past, the modern laborer has no fixed term of servitude, no definite point at which the debt is paid, and the promise fulfilled.

The illusion is meticulously maintained. The house that must be mortgaged, the education that must be financed, the car that must be leased—each one a necessity, each one a tether. The worker moves not toward freedom, but deeper into obligation. Every step toward the promised life requires a new form of servitude, a new debt, a new dependence on wages that barely cover the cost of existence. This is not an accident; it is a system designed to ensure that the laborer is always just behind the life they were told they could attain.

In the past, the indentured servant knew the terms of their bondage. A set number of years, a clear master, an end date. Today’s worker is never given such clarity. Instead, they are told they are free. Free to choose their labor, free to earn as much as their skills allow, free to leave one employer for another. But what choice is this when every option is merely another variant of the same dependence? What does it mean to be free when one cannot choose not to serve?

The currency itself is ephemeral. It is issued at will, its value dictated by forces beyond the understanding or influence of those who labor for it. Unlike gold, land, or even tangible goods, it has no intrinsic worth. It is a means of control, an abstraction that ensures the worker remains engaged in the cycle. One does not work to acquire something real, but to maintain access to numbers on a screen, numbers that can be taken away, devalued, or denied at any moment.

The American Dream was once a vision of self-sufficiency—of land ownership, of autonomy, of work undertaken for one’s own benefit rather than for an unseen master. That dream, too, has been transmuted. Now, success is measured by the ability to participate in a system of perpetual debt, to acquire status through borrowed wealth, to prove one’s worth through spending rather than through the ability to live without reliance on wages. The house is no longer a home, but an asset; the education, no longer a path to wisdom, but an investment requiring return; the career, not a vocation, but a mechanism for sustaining payments that never end.

What does it mean to live outside this structure? Is there a way to exist without perpetual servitude? The answer is not simple, for the system punishes those who reject it. The land needed to sustain oneself is priced out of reach, the ability to barter or produce outside the wage economy is increasingly restricted. To refuse the terms of servitude is to be cast out—not into freedom, but into precarity. And so, the worker remains, not because they are truly bound, but because every alternative has been made unthinkable.

Yet, despite this, there remains a kind of rebellion in recognizing the illusion for what it is. To see the contract that has been signed, even if one cannot yet break it, is to take the first step toward reclaiming the freedom that was promised but never granted. The modern laborer may not be able to simply walk away, but they can begin to see their condition clearly. And in clarity, there is the possibility of change.

Join us in making a better world – You’ll be glad that you did. Cheers friends.

Finance and Economy Health and Wellness Making Money Social and Self-Help

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