Description

A Ms. Magazine Most Anticipated Book

A devastating investigation into the “corporate poverty complex”—the myriad businesses that profit from the poor

Poverty is big business in America. The federal government spends about $900 billion a year on programs that directly or disproportionately impact poor Americans, including antipoverty programs such as the earned income tax credit, Medicaid, and affordable housing vouchers and subsidies. States and local governments spend tens of billions more. Ironically, these enormous sums fuel the “corporate poverty complex,” a vast web of hidden industries and entrenched private-sector interests that profit from the bureaucracies regulating the lives of the poor. From bail bondsmen to dialysis providers to towing companies, their business models depend on exploiting low-income Americans, and their political influence ensures a thriving set of industries where everyone prof

Poverty for Profit

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Hardback by Anne Kim

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A Ms. Magazine Most Anticipated BookA devastating investigation into the “corporate poverty complex”—the myriad businesses that profit from the poor... Read more

    Publisher: The New Press
    Publication Date: 01/11/2024
    ISBN13: 9781620977811, 978-1620977811
    ISBN10: 1620977818

    Non Fiction , Politics, Philosophy & Society

    Description

    A Ms. Magazine Most Anticipated Book

    A devastating investigation into the “corporate poverty complex”—the myriad businesses that profit from the poor

    Poverty is big business in America. The federal government spends about $900 billion a year on programs that directly or disproportionately impact poor Americans, including antipoverty programs such as the earned income tax credit, Medicaid, and affordable housing vouchers and subsidies. States and local governments spend tens of billions more. Ironically, these enormous sums fuel the “corporate poverty complex,” a vast web of hidden industries and entrenched private-sector interests that profit from the bureaucracies regulating the lives of the poor. From bail bondsmen to dialysis providers to towing companies, their business models depend on exploiting low-income Americans, and their political influence ensures a thriving set of industries where everyone prof

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