Uncommon Sense

politics and society are, unfortunately, much the same thing

How an Excess of Social Capital Can Hurt the Poor

What are the barriers that prevent the poor from moving into the middle class? One surprising answer, says Megan McArdle, is an excess of social capital.

In the video below, McArdle explains why understanding how social and financial capital function in low-income communities can help us be more effective in helping the poor.

h/t to JOE CARTER at Acton Institute
July 11, 2014

capitalism, culture, economics, ideology, poverty, video

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Filed under: capitalism, culture, economics, ideology, poverty, video

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