having a large portion of poor customers is not what defines the poverty business. A business can have majority poor customers yet NOT be part of the "poverty industry". Otherwise almost ALL businesses in poor areas would be included, which is non-sense.
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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 [[poverty|poor]] because they are poor. Businesses in the poverty industry often include [[payday loan]] centers, [[pawnbroker|pawnshops]], [[rent-to-own]] centers, casinos, liquor stores, lotteries, tobacco stores, and credit card companies.<ref>{{cite journal |last=Rivlin |first=Gary |date=9 June 2010 |title=Fat Times for the Poverty Industry |journal=The Atlantic |quote=The pawnbroker, the subprime auto lender, and the rent-to-own operator might say the same. These and other merchants, part of what might be called the poverty business... |url=http://www.theatlantic.com/national/archive/2010/06/fat-times-for-the-poverty-industry/57906/ |accessdate=22 July 2013|authorlink=Gary Rivlin}}</ref><ref>{{cite web |title=EXPOSÉ on THE JOURNAL: The Business of Poverty |publisher=Bill Moyers Journal |url=http://www.pbs.org/moyers/journal/08082008/profile.html |accessdate=4 June 2010}}</ref><ref>{{cite web |last=Grow |first=Brian |title=The Poverty Business |publisher=Business Week |url=http://www.businessweek.com/magazine/content/07_21/b4035001.htm?chan=search |accessdate=4 June 2010}}</ref> Illegal ventures such as [[loansharking]] |
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 [[poverty|poor]] because they are poor. Businesses in the poverty industry often include [[payday loan]] centers, [[pawnbroker|pawnshops]], [[rent-to-own]] centers, casinos, liquor stores, lotteries, tobacco stores, and credit card companies.<ref>{{cite journal |last=Rivlin |first=Gary |date=9 June 2010 |title=Fat Times for the Poverty Industry |journal=The Atlantic |quote=The pawnbroker, the subprime auto lender, and the rent-to-own operator might say the same. These and other merchants, part of what might be called the poverty business... |url=http://www.theatlantic.com/national/archive/2010/06/fat-times-for-the-poverty-industry/57906/ |accessdate=22 July 2013|authorlink=Gary Rivlin}}</ref><ref>{{cite web |title=EXPOSÉ on THE JOURNAL: The Business of Poverty |publisher=Bill Moyers Journal |url=http://www.pbs.org/moyers/journal/08082008/profile.html |accessdate=4 June 2010}}</ref><ref>{{cite web |last=Grow |first=Brian |title=The Poverty Business |publisher=Business Week |url=http://www.businessweek.com/magazine/content/07_21/b4035001.htm?chan=search |accessdate=4 June 2010}}</ref> Illegal ventures such as [[loansharking]], {{citation needed span|drug-dealing|date=June 2016|reason=Drug use spans income level. It may correlate with income but maybe not to the extent that it should be included here. Plus some drugs like cocaine might be INVERSELY correlated with income so saying just 'drug-dealing' might be too general.}}or{{citation needed span|prostitution|date=June 2016|reason=This seems like it shouldn't be here at all. Patronage of prostitutes spans income level. I don't do to what extent, if any, it correlates with income. The poverty industry is defined by the motivations of the customers, not the 'business' owner. So while some prostitutes might explain their motivations for becoming one, it's not clear that matters.}} might also be included. The poverty industry makes roughly US$33 billion a year in the United States.<ref>{{cite book |last=Rivlin |first=Gary |date=June 2010 |title=Broke, USA: From Pawnshops to Poverty, Inc.—How the Working Poor Became Big Business |publisher=HarperBusiness |isbn=0061733210 |page= |url=http://www.harpercollins.com/books/Broke-USA-Gary-Rivlin?isbn=9780061733208&HCHP=TB_Broke,+USA |accessdate=22 July 2013}}</ref>{{page needed|date=July 2013}} In 2010, elected American federal officials received more than $1.5 million in campaign contributions from poverty industry donors.<ref>{{cite journal |last=[[Don McNay|McNay]] |first=[[Don McNay|Don]] |date=29 July 2011 |title=Legalized Loan Sharks |publisher=The Huffington Post |url=http://www.huffingtonpost.com/don-mcnay/legalized-loan-sharks_b_912870.html |accessdate=22 July 2013 |quote=The poverty industry has given huge contributions to lawmakers. According to the Citizens for Responsibility and Ethics in Washington, payday lenders donated more than $1.5 million to federal office holders during the 2010 election cycle.}}</ref> |
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==See also== |
==See also== |
The terms poverty industryorpoverty business refer to a wide range of money-making activities that attract a large portion of their business from the poor because they are poor. Businesses in the poverty industry often include payday loan centers, pawnshops, rent-to-own centers, casinos, liquor stores, lotteries, tobacco stores, and credit card companies.[1][2][3] Illegal ventures such as loansharking, drug-dealing[citation needed]orprostitution[citation needed] might also be included. The poverty industry makes roughly US$33 billion a year in the United States.[4][page needed] In 2010, elected American federal officials received more than $1.5 million in campaign contributions from poverty industry donors.[5]
The pawnbroker, the subprime auto lender, and the rent-to-own operator might say the same. These and other merchants, part of what might be called the poverty business...
The poverty industry has given huge contributions to lawmakers. According to the Citizens for Responsibility and Ethics in Washington, payday lenders donated more than $1.5 million to federal office holders during the 2010 election cycle.
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