Poverty industrial complex

The poverty industrial complex refers to private corporations taking over social services functions that were formerly provided by government agencies. These private corporations have a vested interest in profit and it is thus debated whether the practice of privatizing social services is hurtful to society, in particular for the poor and vulnerable people that such agencies are supposed to provide services for.

Poverty industrial complex

The poverty industrial complex refers to private corporations taking over social services functions that were formerly provided by government agencies. These private corporations have a vested interest in profit and it is thus debated whether the practice of privatizing social services is hurtful to society, in particular for the poor and vulnerable people that such agencies are supposed to provide services for.