A Ms. Magazine Most Anticipated BookA devastating investigation into the "corporate poverty complex"--the myriad businesses that profit from the poor Pov...
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-ISBN-10:
1620977818
ISBN-13:
9781620977811
Publisher
New Press
Dimensions
8.60 X 5.60 X 1.30 inches
Language
English
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 profits except the poor, while U.S. taxpayers foot the bill.
In Poverty for Profit, veteran journalist Anne Kim investigates the multiple industries that infiltrate almost every aspect of the lives of the poor--health care, housing, criminal justice, and nutrition. She explains how these businesses are aided by public policies such as the wholesale privatization of government services and the political influence these industries wield over lawmakers and regulators.
Supported by original investigative reporting on the lesser-known players profiting from the antipoverty industry, Poverty for Profit adds a crucial dimension to our understanding of how structural inequality and structural racism function today.
ISBN-10
:1620977818
ISBN-13
:9781620977811
Publisher
:New Press
Publication date
: 28 May, 2024
Category
Sub-Category
Format
:Hardcover
Language
:English
Reading Level
: All
No. of Units
:1
Dimension
: 8.60 X 5.60 X 1.30 inches
Weight
:544 g
"Poverty for Profit is accessible and informative . . . a terrific addition to any reading list for those interested in social justice and reform."
--Shelf Awareness
"Kim delves into the behind-the-scenes happenings . . . like bail bondsmen organizing to oppose bail reform and private companies donating to political campaigns to defeat regulations. . . . Readers will be intrigued by this well-researched book."
--Booklist (starred review)
"A searing, rage-inducing look at how the misery of the poor lines the pockets of the rich."
--Kirkus Reviews
"An electrifying unmasking of appalling violations of public trust."
--Publishers Weekly (starred review)
"Anne Kim's book is a tour de force, showing in painstaking detail the myriad ways that corporations--many of them ostensibly with a mission to tackle poverty and to manage state and federal antipoverty efforts--exploit America's poor. Read this book and weep, and then demand action from legislators to end the systemic incentives for legalized highway robbery against individuals and families already living on--or in many cases beyond--the economic margins."
--Sasha Abramsky, West Coast correspondent for The Nation and the author of ten books, including The American Way of Poverty
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