The Great Recession of 2008 proved that Wall Street and Washington’s promises of rising wages, upward mobility and job security were little more than empty rhetoric that paved the way to broken dreams, soup kitchens and homelessness for millions of American citizens. Six years later, the ranks of economically disenfranchised Americans continue to swell. Currently, the US ranks fourth highest in wealth inequality among 140 nations. Fifty million Americans live below the poverty line and 17 million live on less than $2 a day. These staggering figures bring into sharp focus the fact that the War on Poverty, declared 50 years ago by President Lyndon Johnson, has been a dismal failure.
Examining the influence of corporate globalization and exposing the destructive nature of our modern financial system, Poverty, Inc. offers a sobering look into how the predatory economic policies instituted by America’s new elite class have contributed to the nation’s descent into Third World status. Engrossing in-depth interviews with some of the world’s finest economists, progressive politicians, investigative reporters and philosophers, as well as the voices of America’s downtrodden reveal the terrifying threats posed by unregulated capitalism and corporate power. Poverty, Inc. is a timely wake-up call for those seeking hard-hitting answers on the economic realities facing our country and world today.