Matthew Desmond discusses his book 'Poverty, By America' : NPR's Book of the Day Why does poverty persist in one of the world's wealthiest countries? Because it's profitable, argues sociologist Matthew Desmond, in Poverty, By America. He tells NPR's Ayesha Rascoe why wealthier Americans benefit from forces that keep their fellow citizens from growing richer — forces like predatory financial services, stagnant wages, and rising housing costs.

'Poverty, By America' argues America profits by keeping people poor

'Poverty, By America' argues America profits by keeping people poor

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Why does poverty persist in one of the world's wealthiest countries? Because it's profitable, argues sociologist Matthew Desmond, in Poverty, By America. He tells NPR's Ayesha Rascoe why wealthier Americans benefit from forces that keep their fellow citizens from growing richer — forces like predatory financial services, stagnant wages, and rising housing costs.