The Persistence of Poverty: Karelis’ Practice (Part 5)

Now that he’s explained the nature of persistent poverty, Karelis is ready to end it forever.  His solution is simplicity itself: Give the poor everything they need. Once their needs are met, they’ll start acting like regular middle-class folks in order to satisfy their wants.  Or in his terminology, once you give the poor enough to pay for all their relievers, they will prudently strive to acquire their pleasers.  Thus, even though many of Karelis’ statements will likely appall left-wing re...