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16:42Now 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.
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.
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