Get Nebula using my link for 40% off an annual subscription: https://go.nebula.tv/secondthought Check out our most recent Deprogram episode on Nebula: https://nebula.tv/thedeprogram/episode-86-back-and-to-the-left We've all heard poverty described as a "mindset" or a "moral failing," but those claims don't hold up to scrutiny when you start to look into it. In this episode we'll take a look at the real causes of poverty, and why it persists in capitalist economies. This Is Why You're Poor – Second Thought SUBSCRIBE HERE: http://bit.ly/2nFsvTS New video every other Friday! Citations and Further Reading: SOURCES Hakim’s video https://www.youtube.com/watch?v=2vPhySbRETM My video on meritocracy https://www.youtube.com/watch?v=Ezthd6A3tiw My video on recessions https://www.youtube.com/watch?v=_Y_4wdx0vfI My video on Elon Musk (collab w/ More Perfect Union) https://www.youtube.com/watch?v=PU7QM3MZ2Vs Poverty and recessions https://www.census.gov/content/dam/Census/library/publications/2017/demo/P60-259.pdf Ten wealthiest men doubling their wealth during the pandemic https://www.oxfam.org/en/press-releases/ten-richest-men-double-their-fortunes-pandemic-while-incomes-99-percent-humanity#:~:text=The%20world's%20ten%20richest%20men,more%20people%20forced%20into%20poverty 23% of workers work in low paying jobs https://data.oecd.org/earnwage/wage-levels.htm#indicator-chart Over 400,000 Americans work two full-time jobs. And nearly 8 million Americans have two or more job positions https://www.theguardian.com/us-news/2022/nov/05/multiple-jobs-census-data-inflation-us Over 7 million Americans are working part-time involuntarily https://money.cnn.com/2014/11/20/news/economy/america-part-time-jobs-poverty/index.html Low wage work characteristics https://poverty.ucdavis.edu/sites/main/files/file-attachments/smith_cpr_policy_brief_employability.pdf Rent unaffordability https://www.cnbc.com/2021/07/14/full-time-minimum-wage-workers-cant-afford-rent-anywhere-in-the-us.html https://www.congress.gov/116/meeting/house/110362/witnesses/HHRG-116-BA00-Wstate-DesmondM-20200114.pdf The cost of fuel and utilities https://www.nytimes.com/2023/03/09/magazine/poverty-by-america-matthew-desmond.html The cost of healthcare https://www.cnbc.com/2019/10/09/americans-spend-twice-as-much-on-health-care-today-as-in-the-1980s.html Dr. Devon Price on laziness in the office https://www.youtube.com/watch?v=2KGrL1snV-c The history of laziness https://momentum.medium.com/the-racist-exploitative-history-of-laziness-bb09d8b414dd Why Americans Hate Welfare https://www.degruyter.com/document/isbn/9780226293660/html Reserve army of labor explained https://jacobin.com/2023/03/karl-marx-capital-economics-introduction-profit-surplus-value-labor-deepankar-basu-interview https://jacobin.com/2016/12/full-employment-jobs-inflation-wages-labor-economics https://jacobin.com/2021/02/laziness-work-capitalism-review-devon-price More on laziness, hard work, and poverty https://humanparts.medium.com/5-insights-for-resisting-the-laziness-lie-cf20356c3b5 \https://humanparts.medium.com/laziness-does-not-exist-3af27e312d01 https://www.youtube.com/watch?v=CTsfWLMO4ho https://www.youtube.com/watch?v=3LopI4YeC4I https://scholarworks.wmich.edu/cgi/viewcontent.cgi?article=2936&context=jssw https://www.theguardian.com/commentisfree/2023/apr/17/bernie-sanders-minimum-wage-living-wage Follow and Support Second Thought! Twitter: https://twitter.com/_SecondThought Patreon: https://patreon.com/secondthought BuyMeACoffee: https://www.buymeacoffee.com/secondthought CashApp: $JTChapman Watch More Second Thought: Latest Uploads:    • Playlist   Spaaaaaace!:    • Playlist   What If...:    • Playlist   Popular Videos:    • Popular Videos | Second Thought   About Second Thought: Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome! Business Email: secondthoughtchannel@gmail.com