The Poverty Paradox Understanding Economic Hardship Amid American Prosperity

The Poverty Paradox Understanding Economic Hardship Amid American Prosperity
- ISBN 13:
9780190212636
- ISBN 10:
0190212632
- Format: Hardcover
- Copyright: 04/25/2023
- Publisher: Oxford University Press
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Summary
The approach is what he has defined over the years as structural vulnerability. Central to this new way of thinking is the distinction between those who lose out at the economic game versus why the game produces losers in the first place. Americans experiencing poverty tend to have certain characteristics placing them at a greater risk of impoverishment. Yet poverty results not from these factors, but rather from a lack of sufficient opportunities in society. In particular, the shortage of decent paying jobs and a strong safety net are paramount.
Based upon this understanding, Rank goes on to detail a variety of strategies and programs to effectively alleviate poverty in the future. Implementing these policies has the added benefit of reinforcing several of the nation's most important values and principles. The Poverty Paradox represents a game changing examination of poverty and inequality. It provides the essential blueprint for finally combatting this economic injustice in the years ahead.