Activists launch debt forgiveness campaign

Protesters march in the downtown financial district of Los Angeles to mark the one-year anniversary of the Occupy movement on October 1, 2012.

It's been more than a year since Occupy Wall Street made its debut in New York's Zucotti Park. Tonight a new initiative kicks off with an online celebrity telethon.

The telethon will raise money to buy up and then pay off ordinary peoples' debts. It comes from an Occupy branch called Strike Debt, and they're calling the initiative "Rolling Jubilee."

Ann Larson, an organizer, shares the goals of the campaign and how it aims to raise awareness about our country's opaque debt system.

About the author

Jeff Horwich is the interim host of Marketplace Morning Report and a sometime-Marketplace reporter.

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