EPISODE · Sep 26, 2024 · 15 MIN
How Corporations Get Rich off America’s Poor
from The Next Big Idea Daily · host Next Big Idea Club
The federal government spends around $900 billion a year on programs that are supposed to help poor Americans. Why does so much of that money end up in the pockets of private-sector interests that profit from the bureaucracies regulating the lives of the poor? Journalist Anne Kim reports on the “corporate poverty complex” in her new book "Poverty for Profit." 📩 Check out our daily Substack and our weekly LinkedIn newsletter
What this episode covers
The federal government spends around $900 billion a year on programs that are supposed to help poor Americans. Why does so much of that money end up in the pockets of private-sector interests that profit from the bureaucracies regulating the lives of the poor? Journalist Anne Kim reports on the “corporate poverty complex” in her new book "Poverty for Profit." 📩 Check out our daily Substack and our weekly LinkedIn newsletter
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How Corporations Get Rich off America’s Poor
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