The Next Big Idea Daily

How Corporations Get Rich off America’s Poor

15 min • 26 september 2024

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."

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