[lbo-talk] poverty pimp...

[joanna bujes]

Boy, is this ever true. But if they did give money to the poor and 
eliminate the educated middle class, this would prevent poor people from 
feeling ashamed of being poor and would make it hard for educated middle 
class people to feel superior. So, you would lose a lot of class 
dynamics that are very useful to those in power.

Joanna

Doug Henwood wrote:


> [speaking of "poverty pimp"...]
>
> <http://www.capmag.com/article.asp?ID=923>
>
> Capitalism Magazine - June 11, 2001
>
> The Poverty Pimp's Poem
> by Thomas Sowell
>
> MY FELLOW-ECONOMIST WALTER WILLIAMS has for years kept track of how 
> much money it would take to lift every American man, woman and child 
> in poverty above the official poverty level. That sum has consistently 
> been some fraction of the money actually spent in "anti-poverty" 
> programs. In other words, if you gave every poor person enough money 
> to stop being poor, that would cost a fraction of what our welfare 
> state programs and bureaucracies cost.
>