Ralph Waldo Emerson's quote "A guy in financial obligation is so far a slave" speaks to the power of financial obligation and how it can oppress an individual. Debt can be a heavy concern, and it can remove a person's liberty and autonomy. When an individual is in debt, they are frequently required to make choices based on their financial circumstance, instead of what is finest for them. They might have to handle jobs they do not desire, or make sacrifices in order to settle their financial obligation. Debt can likewise lead to sensations of pity and guilt, as the person may feel like they are not in control of their own life. Emerson's quote is a suggestion that debt can be an effective force, and it can eliminate an individual's liberty and autonomy.
"The whole commerce between master and slave is a perpetual exercise of the most boisterous passions, the most unremitting despotism on the one part, and degrading submissions on the other. Our children see this, and learn to imitate it"
