🔗 the simple math of poverty
Matt Bruenig explains how poverty is an expected result of a system in which the following are true:
- The national income is distributed using payments to laborers and capital owners.
- Capital ownership is very unevenly distributed across families.
- A large share of the population is not working at any given time.
- Nonworkers are unevenly distributed across families.
https://www.peoplespolicyproject.org/2025/08/29/the-simple-math-of-poverty/