Poverty In Michael Semsky's Breadline USA By Mr. Abramsky
728 Words
3 Pages
In 2009 Mr. Abramsky published 'Breadline USA ' that described hunger in low-income families and the detrimental impact of the financial crisis on their nutrition and its dire consequences on health, growth and development. Since then, things have gotten worse and "Poverty in America is back with a vengeance" when compared to Michael Harrington 's chronicle of poverty in the 1960s (The Other America).
Abramsky builds on his previous book with this unvarnished realistic indictment of American society. The USA is the richest country on the planet and in recorded history, yet we have millions mired in poverty. We spend billions of dollars in aid to other countries (most of which hate us and even conspire for our destruction) or on weapons to …show more content…
Abramsky writes, "the desirability of oligarchy supports the financial discrepancy as tool for social control" and "a corrosive brew capable of eating away at the underpinnings of democratic life itself." The newly disenfranchised, "millions of Americans who had economic security - and then lost it, have now joined the ranks of chronic multi-generational poor."
The 350+ book is divided into two main parts, following a Prologue. In the first half, Abramsky lays out the problem by the use of vignettes of real people stories and the impact of misguided government programs, interspersed by substantial research and analyses. The author delves into the causes of inequality and goes deeper than the intuitive blaming of drug addiction, lack of education, poor housing or the criminal (in)justice system. "There are people with no high school education who are poor, but there are also university graduates on food bank …show more content…
To narrow the gap is not to just increase taxes but to advocate for solutions that systematically broaden private sector individual ownership of productive capital and to empower every American to accumulate over time a viable capital trust. This cannot be achieved by government taxpayer-supported welfare programs, but can only be accomplished by innovative financial engineering; by the participation of a willing competent government and a cooperative financial sector. (One can only
Abramsky builds on his previous book with this unvarnished realistic indictment of American society. The USA is the richest country on the planet and in recorded history, yet we have millions mired in poverty. We spend billions of dollars in aid to other countries (most of which hate us and even conspire for our destruction) or on weapons to …show more content…
Abramsky writes, "the desirability of oligarchy supports the financial discrepancy as tool for social control" and "a corrosive brew capable of eating away at the underpinnings of democratic life itself." The newly disenfranchised, "millions of Americans who had economic security - and then lost it, have now joined the ranks of chronic multi-generational poor."
The 350+ book is divided into two main parts, following a Prologue. In the first half, Abramsky lays out the problem by the use of vignettes of real people stories and the impact of misguided government programs, interspersed by substantial research and analyses. The author delves into the causes of inequality and goes deeper than the intuitive blaming of drug addiction, lack of education, poor housing or the criminal (in)justice system. "There are people with no high school education who are poor, but there are also university graduates on food bank …show more content…
To narrow the gap is not to just increase taxes but to advocate for solutions that systematically broaden private sector individual ownership of productive capital and to empower every American to accumulate over time a viable capital trust. This cannot be achieved by government taxpayer-supported welfare programs, but can only be accomplished by innovative financial engineering; by the participation of a willing competent government and a cooperative financial sector. (One can only