Summary of How the Poor Can Save Capitalism
Rebuilding the Path to the Middle Class
The poor have plenty of resilience. Tapping their potential can unleash American economic growth.
In this engaging study, entrepreneur and activist John Hope Bryant prescribes something of a New Deal for America’s poor and working class. Bryant – a self-made businessman and founder of the nonprofit Operation HOPE – doesn’t dwell on the data of America’s growing inequality. He focuses instead on opportunities and solutions. If disenfranchised people started businesses, he argues, the US economy would spark to life in new ways. getAbstract recommends this powerful guide to policy makers, activists, NGO leaders and entrepreneurs seeking a new, workable approach to income inequality.
In this summary, you will learn
- Why the poor represent an untapped economic resource,
- How to increase financial literacy and economic mobility in the United States, and
- How being broke and being poor differ.
Comment on this summary
1 week agoThis sums it up: “Call it Misery Row: those predatory check cashers next to rent-to-own stores next to payday lenders next to liquor stores.”
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