Capitalisn't

Why America's Poor Remain Poor, With Matthew Desmond


Listen Later

"Poverty will be abolished in America only when a mass movement demands it," writes Princeton sociologist and Pulitzer Prize-winning author Matthew Desmond in his new book, "Poverty, by America." Building on his own lived experiences of growing up poor and continued contact with impoverished communities that "forces [him] to be intellectually honest," he claims that poverty persists in America not because we are incapable of preventing it but because society - and especially the wealthy - benefits from it at the expense of the poor.

Bethany and Luigi draw from their recent conversation with former U.S. Sen. Phil Gramm, who argued against the premise altogether and said that poverty in America is not as terrible a "scourge" as many like Desmond claim it to be. With Desmond, our hosts discuss his views on the complex and deeply entrenched root causes of poverty, its relationship with the American capitalist system, and how we could build on individual choices - towards which we have otherwise been so stubbornly resistant - to end poverty.

Show Notes:

  1. In case you missed it, here's Bethany and Luigi's conversation with Sen. Phil Gramm: "Is American Inequality a Myth?"
  2. Read related reading on ProMarket: "Monopolies: Silent Spreaders of Poverty and Economic Inequality" and a conversation with Nobel Prize-winning economist Angus Deaton on "The Under-Discussed Driver of Inequality in America."

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

...more
View all episodesView all episodes
Download on the App Store

Capitalisn'tBy University of Chicago Podcast Network

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

534 ratings


More shows like Capitalisn't

View all
Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,105 Listeners

Planet Money by NPR

Planet Money

30,729 Listeners

The Gray Area with Sean Illing by Vox

The Gray Area with Sean Illing

10,738 Listeners

Slate Money by Slate Podcasts

Slate Money

1,024 Listeners

Odd Lots by Bloomberg

Odd Lots

1,978 Listeners

EconTalk by Russ Roberts

EconTalk

4,277 Listeners

Conversations with Tyler by Mercatus Center at George Mason University

Conversations with Tyler

2,456 Listeners

Macro Musings with David Beckworth by Mercatus Center at George Mason University

Macro Musings with David Beckworth

382 Listeners

The Good Fight by Yascha Mounk

The Good Fight

895 Listeners

Big Brains by University of Chicago Podcast Network

Big Brains

492 Listeners

Interesting Times with Ross Douthat by New York Times Opinion

Interesting Times with Ross Douthat

7,228 Listeners

People I (Mostly) Admire by Freakonomics Radio + Stitcher

People I (Mostly) Admire

2,034 Listeners

Hard Fork by The New York Times

Hard Fork

5,539 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,211 Listeners

Ones and Tooze by Foreign  Policy

Ones and Tooze

355 Listeners