Poverty for Profit: How Corporations Get Rich off America’s Poor (with Anne Kim)

Pitchfork Economics with Nick Hanauer

The U.S. spends billions on programs designed to fight poverty, but it appears that much of that money is actually making corporations richer instead of helping people. This week, Nick and Goldy sit down with Anne Kim, author of Poverty for Profit: How Corporations Get Rich off America's Poor, to talk about the vast industry that siphons public dollars from anti-poverty programs.. From tax prep companies skimming off the Earned Income Tax Credit to private Medicaid contractors denying care to boost their bottom line, Kim exposes the hidden ways corporations profit off economic hardship. How did we end up with an anti-poverty system that enriches shareholders instead of helping people? More importantly—how do we fix it?


Anne Kim is a writer, lawyer, public policy expert, and contributing editor at Washington Monthly. She’s also the author of Poverty for Profit: How Corporations Get Rich off America’s Poor and Abandoned: America’s Lost Youth and the Crisis of Disconnection.


Social Media:


@anne-s-kim.bsky.social


Further reading: 


Poverty for Profit: How Corporations Get Rich off America’s Poor


Abandoned: America’s Lost Youth and the Crisis of Disconnection


The TurboTax Trap: How the Tax Prep Industry Makes You Pay


The True Size of Government


Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

More description

The U.S. spends billions on programs designed to fight poverty, but it appears that much of that money is actually making corporations richer instead of helping people. This week, Nick and Goldy sit down with Anne Kim, author of Poverty for Profit: How Corporations Get Rich off America's Poor, to talk about the vast industry that siphons public dollars from anti-poverty programs.. From tax prep companies skimming off the Earned Income Tax Credit to private Medicaid contractors denying care to boost their bottom line, Kim exposes the hidden ways corporations profit off economic hardship. How did we end up with an anti-poverty system that enriches shareholders instead of helping people? More importantly—how do we fix it?


Anne Kim is a writer, lawyer, public policy expert, and contributing editor at Washington Monthly. She’s also the author of Poverty for Profit: How Corporations Get Rich off America’s Poor and Abandoned: America’s Lost Youth and the Crisis of Disconnection.


Social Media:


@anne-s-kim.bsky.social


Further reading: 


Poverty for Profit: How Corporations Get Rich off America’s Poor


Abandoned: America’s Lost Youth and the Crisis of Disconnection


The TurboTax Trap: How the Tax Prep Industry Makes You Pay


The True Size of Government


Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

2025-02-25 38 min
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