🔗 the simple math of poverty

Matt Bruenig explains how poverty is an expected result of a system in which the following are true:

  1. The national income is distributed using payments to laborers and capital owners.
  2. Capital ownership is very unevenly distributed across families.
  3. A large share of the population is not working at any given time.
  4. Nonworkers are unevenly distributed across families.

https://www.peoplespolicyproject.org/2025/08/29/the-simple-math-of-poverty/

2025-08-29