Poverty industry
From The Art and Popular Culture Encyclopedia
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The terms poverty industry or poverty business refer to a wide range of money-making activities that attract a large portion of their business from the poor. Businesses in the poverty industry often include payday loan centers, pawnshops, rent-to-own centers, casinos, liquor stores, tobacco stores, and credit card companies. Illegal ventures such as loansharking or drug-dealing or prostitution might also be included. The poverty industry makes roughly US$33 billion a year in the United States.
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See also
- Economic inequality
- Misery index (economics)
- Predatory lending
- Working poor
- Poverty Industrial Complex
- Wage slavery
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Poverty industry" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
