Pulitzer prize winner Matthew Desmond's "Poverty, By America" is about consumption, exploitation and how money trickles up

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Originally published at: Pulitzer prize winner Matthew Desmond's "Poverty, By America" is about consumption, exploitation and how money trickles up | Boing Boing

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One more to add to the list… Amanpour and Co:

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I’m a bit at a loss for words. I just read the transcript at the “organized abandonment” link, and it’s amazing. I think this is going to spur days of reading and watching and thinking about things. Seriously, thanks.

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When it comes to innovation, there is no other advanced economy that outpaces the U.S. in devising ways to squeeze nickels and dimes out of those who can least afford to lose them: payday loans, rent-to-own schemes, bank fees, surprise hospital billing, food deserts, and reverse mortgages are just a few of the methods that come to mind.

“Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor; and if one is a member of a captive population, economically speaking, one’s feet have simply been placed on the treadmill forever.” – James Baldwin

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Also see, Sam Vimes boots theory…

God damn, I just realized how much I’d love to have James Baldwin and Terry Pratchett as a dinner party together… :cry:

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