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We’ve all heard poverty described as a “mindset“ or a “moral failing,“ but those claims don’t hold up to scrutiny when you start to look into it. In this episode we’ll take a look at the real causes of poverty, and why it persists in capitalist economies.
This Is Why You’re Poor – Second Thought
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New video every other Friday!
Citations and Further Reading:
SOURCES
Hakim’s video
My video on meritocracy
My video on recessions
My video on Elon Musk (collab w/ More Perfect Union)
Poverty and recessions
Ten wealthiest men doubling their wealth during the pandemic
#:~:text=The world’s ten richest men,more people forced into poverty
23% of workers work in low paying jobs
#indicator-chart
Over 400,000 Americans work two full-time jobs. And nearly 8 million Americans have two or more job positions
Over 7 million Americans are working part-time involuntarily
Low wage work characteristics
Rent unaffordability
The cost of fuel and utilities
The cost of healthcare
Dr. Devon Price on laziness in the office
The history of laziness
Why Americans Hate Welfare
Reserve army of labor explained
More on laziness, hard work, and poverty
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About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!
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