The Poverty Economy
<p>Imagine, in your head, a town on the edge of collapse. High poverty levels, high crime levels, declining population, and declining job opportunities.</p>
<p>Hopefully, you’ve never had to live in one. If you have, though, you’ll have a clear image of what “downtown” or the “commercial” area looks like. For those who don’t, it’s this:</p>
<ul>
<li>Dollar store</li>
<li>Check-cashing agency (likely also says “WE BUY GOLD”)</li>
<li>Liquor store</li>
<li>Bail bonds</li>
<li>Some weird no-name convenience store that has 4-day-old buffalo wings in a warmer</li>
<li>Another liquor store</li>
<li>Used car lot with about 12 cars for sale, all older than 2009</li>
<li>Maybe a questionable defense attorney (not guaranteed)</li>
</ul>
<p>You won’t see a Walmart. You won’t see a Publix or Shoprite or whatever your regional food store of choice is. Whole Foods might as well be Jupiter. No Chevrolet dealerships. Even brands like 7–11, Wawa, Speedway, and RaceTrac are probably at least 10 miles away.</p>
<p>This is a problem for a whole host of reasons. Our economic system is designed to follow the money. Since such a large percentage of it rests in the hands of such a comparatively small group of people, corporations and advertisers are better off paying attention to just the top 5–10% of the nation than they are to the other 90% combined, in many cases.</p>
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