5min chapter

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[BEST OF] Capitalist Chaos and Crimes: The Great Recession of 2008

Revolutionary Left Radio

CHAPTER

The Impact of the Recession on the Poor and Working Class

The recession specifically impact poor and working people. The poverty rate rose certainly an immediate aftermath of the crisis particularly for young people and children especially as well as foreign-born non-citizens. Neighborhood segregation plays a role in the crisis too according to one study. It's like living in another world to go back and remember all those debates i had with right wingers that were talking about high ick and hardcore free market libertarianism, he says.

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