Broke Usa: From Pawnshops to Poverty, Inc.-How the Working Poor Became Big Business

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Broke Usa: From Pawnshops to Poverty, Inc.-How the Working Poor Became Big Business

by Gary Rivlin

HARPERCOLLINS PUBLISHERS | May 17, 2011 | Trade Paperback

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For most people, the Great Crash of 2008 has meant troubling times. Not so for those in the flourishing poverty industry. These mercenary entrepreneurs have taken advantage of an era of deregulation to devise high-priced products to sell to the credit-hungry working poor, including the instant tax refund and the payday loan. In the process they've created an industry larger than the casino business and have proved that pawnbrokers and check cashers, if they dream big enough, can grow very rich off those with thin wallets.

Broke, USAis Gary Rivlin's riveting report from the economic fringes. Timely, shocking, and powerful, it offers a much-needed look at why our country is in a financial mess and gives a voice to the millions of ordinary Americans left devastated in the wake of the economic collapse.

Format: Trade Paperback

Dimensions: 368 pages, 8 × 5.38 × 0.88 in

Published: May 17, 2011

Publisher: HARPERCOLLINS PUBLISHERS

Language: English

The following ISBNs are associated with this title:

ISBN - 10: 0061733202

ISBN - 13: 9780061733208

Found in: Business and Finance

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– More About This Product –

Broke Usa: From Pawnshops to Poverty, Inc.-How the Working Poor Became Big Business

Broke Usa: From Pawnshops to Poverty, Inc.-How the Working Poor Became Big Business

by Gary Rivlin

Format: Trade Paperback

Dimensions: 368 pages, 8 × 5.38 × 0.88 in

Published: May 17, 2011

Publisher: HARPERCOLLINS PUBLISHERS

Language: English

The following ISBNs are associated with this title:

ISBN - 10: 0061733202

ISBN - 13: 9780061733208

About the Book

For most people, the Great Crash of 2008 has meant troubling times. Not so for those in the flourishing poverty industry. These mercenary entrepreneurs have taken advantage of an era of deregulation to devise high-priced products to sell to the credit-hungry working poor, including the instant tax refund and the payday loan. In the process they've created an industry larger than the casino business and have proved that pawnbrokers and check cashers, if they dream big enough, can grow very rich off those with thin wallets.

"Broke, USA" is Gary Rivlin's riveting report from the economic fringes. Timely, shocking, and powerful, it offers a much-needed look at why our country is in a financial mess and gives a voice to the millions of ordinary Americans left devastated in the wake of the economic collapse.

From the Publisher

For most people, the Great Crash of 2008 has meant troubling times. Not so for those in the flourishing poverty industry. These mercenary entrepreneurs have taken advantage of an era of deregulation to devise high-priced products to sell to the credit-hungry working poor, including the instant tax refund and the payday loan. In the process they've created an industry larger than the casino business and have proved that pawnbrokers and check cashers, if they dream big enough, can grow very rich off those with thin wallets.

Broke, USAis Gary Rivlin's riveting report from the economic fringes. Timely, shocking, and powerful, it offers a much-needed look at why our country is in a financial mess and gives a voice to the millions of ordinary Americans left devastated in the wake of the economic collapse.

About the Author

Gary Rivlin is the author ofFire on the Prairie,Drive By(aNew York TimesNotable Book of the Year), andThe Plot to Get Bill Gates. A two-time Gerald Loeb Award winner, he has been a reporter for theNew York Times,Chicago Reader, and other publications, and his articles have appeared in theNew York Times Magazine,Newsweek,Wired, and elsewhere.

Editorial Reviews

?With revealing stories, Gary Rivlin spotlights the systematic, widespread economic abuse of the poor by supposedly respectable corporations whose predatory conduct breeds misery and undoes many efforts by taxpayers to alleviate poverty.? (-David Cay Johnston, Pulitzer prize-winning author of Free Lunch and Perfectly Legal)