Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
Profiting From Poverty: How The Rich Fleece America's Poor | Anne Kim | TMR
Posted
August 10, 2024
Views
42,165
Likes
2,124
Comments
337
Engagement
5.84%
August 10, 2024
42,165
2,124
337
5.84%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
38:13Now PlayingLive-streamed on: July 29, 2024
Anne Kim, contributing editor at Washington Monthly magazine, discusses her recent book Poverty For Profit: How Corporations Get Rich off America’s Poor.
Anne Kim then joins, diving right into the role of one Emanuel Savas in publishing and popularizing the drive to privatize government services in their totality, pushing the budding neoliberal belief in the efficiency of the market, and successfully pushing his ideology all the way to the White House with the election of Ronald Reagan, before stepping back to look at what these social services entail – everything from prison to air traffic to healthcare – and how much of the US economy they make up. Expanding on this, Kim explores how the privatization of these social services aimed at impoverished communities results in astounding failures on the supply side, using examples from earned income tax credits, job training and the Job Corps, Medicaid/Medicare and Dialysis, and Section 8 Housing to demonstrate how the privatization of these services allows for easy capture of the market by for-profit providers, and results in exploitative institutions that push bad products onto people with little to no other choice. After tackling some of the more devastating material impacts of these failures of neoliberalism, Kim, Sam, and Emma wrap up by tackling the major ideological shift that is needed in US politics to rethink how and why we provide social services.
Watch the Majority Report live MondayFriday at 12 p.m. EST on YouTube OR listen via daily podcast at
#SamSeder #EmmaVigeland #MajorityReport #politics #news
Support the show by becoming a member
Get all your MR merch at our store
Gift a Majority Report subscription here
Subscribe to the AMQuickie newsletter here
Join the Majority Report Discord!
Get the free Majority Report App!
CHECK OUT MORE from the MR crew:
Matt Binder DOOMED
Brandon Sutton DISCOURSE
Emma Vigeland ESVN
Matt Lech LEFT RECKONING
OTHER LINKS:
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
