Debt bondage | Wikipedia audio article
Channel: wikipedia tts
Date: 03/12/2018

This is an audio version of the Wikipedia Article:
Debt bondage


00:01:17 1 Overview
00:01:26 1.1 Definition
00:02:38 1.2 Usage of term
00:03:18 2 History
00:03:27 2.1 Asia
00:05:05 2.2 Africa
00:06:24 2.3 Europe
00:06:32 2.3.1 Classical antiquity
00:07:20 2.3.1.1 Ancient Greece
00:08:33 2.3.1.2 Ancient Rome
00:10:16 2.3.2 European Middle Ages
00:10:42 2.4 Americas
00:11:40 3 Modern practice
00:12:15 3.1 South Asia
00:12:46 3.1.1 Brick kilns
00:13:57 3.1.2 Rice harvesting
00:15:00 3.2 Sub-Saharan Africa
00:15:39 3.2.1 Fisheries
00:16:17 3.2.2 Domestic labor
00:17:16 3.3 Prostitution
00:17:52 4 Consequences
00:18:02 4.1 Revenue
00:18:31 4.2 On-going cycle
00:19:29 5 Policy initiatives
00:19:39 5.1 The United Nations
00:20:31 5.2 South Asia
00:21:29 5.3 Sub-Saharan Africa
00:22:09 6 See also



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SUMMARY
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Debt bondage, also known as debt slavery or bonded labour, is the pledge of a person's services as security for the repayment for a debt or other obligation, where the terms of the repayment are not clearly or reasonably stated, and the person who is holding the debt and thus has some control over the laborer, does not intend to ever admit that the debt has been repaid. The services required to repay the debt may be undefined, and the services' duration may be undefined, thus allowing the person supposedly owed the debt to demand services indefinitely. Debt bondage can be passed on from generation to generation.Currently, debt bondage is the most common method of enslavement with an estimated 8.1 million people bonded to labour illegally as cited by the International Labour Organization in 2005. Debt bondage has been described by the United Nations as a form of "modern day slavery" and the Supplementary Convention on the Abolition of Slavery seeks to abolish the practice.Though most countries in South Asia and Sub-Saharan Africa are parties to the Convention, the practice is still prevalent primarily in these regions. It is predicted that 84 to 88% of the bonded labourers in the world are in South Asia. Lack of prosecution or insufficient punishment of this crime are the leading causes of the practice as it exists at this scale today.