IPA: /ˈpiːənɪzəm/
KK: /ˈpiːənɪzəm/
A system or condition where individuals are bound to work for others, often in low-paying jobs, typically as a form of debt servitude.
The workers were trapped in a cycle of peonism, unable to escape their low wages and heavy debts.
Peonism is derived from 'peon' (from Spanish 'peón', meaning a laborer or foot soldier) and the suffix '-ism' (meaning a practice or system). The term refers to a system or practice related to the condition of being a peon, often implying a state of servitude or low status in a social hierarchy.
Think of 'peon' as a laborer and '-ism' as a system or practice, which helps you remember that 'peonism' refers to a system related to laborers or a state of servitude.