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How the Poor Can Save Capitalism

How the Poor Can Save Capitalism

Rebuilding the Path to the Middle Class (16pt Large Edition)

by John Hope Bryant
Paperback
Publication Date: 02/06/2014

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John Hope Bryant, successful self - made businessman and founder of the nonprofit Operation HOPE, says business and political leaders are ignoring the one force that could truly re - energize the stalled American economy: the poor. If we give poor communities the right tools, policies, and inspiration, he argues, they will be able to lift themselves up into the middle class and become a new generation of customers and entrepreneurs. Raised in poverty - stricken, gang - infested South Central Los Angeles, Bryant saw firsthand how our institutions have abandoned the poor. He details how business loans, home loans, and financial investments have vanished from their communities. After decades of deprivation, the poor lack bank accounts, decent credit scores, and any real firsthand experience of how a healthy free enterprise system functions. Bryant radically redefines the meaning of poverty and wealth. (It's not just a question of finances; it's values too.) He exposes why attempts to aid the poor so far have fallen short and offers a way forward: the HOPE Plan, a series of straightforward, actionable steps to build financial literacy and expand opportunity so that the poor can join the middle class. Fully 70 percent of the American economy is driven by consumer spending, but more and more people have too much month at the end of their money. John Hope Bryant aspires to ''expand the philosophy of free enterprise to include all of God's children'' and create a thriving economy that works not just for the 1 percent or even the 99 percent but for the 100 percent. This is a free enterprise approach to solving the problem of poverty and raising up a new America.
ISBN:
9780369324726
9780369324726
Category:
Development economics & emerging economies
Format:
Paperback
Publication Date:
02-06-2014
Publisher:
ReadHowYouWant
Pages:
212
Dimensions (mm):
234x156x13mm
Weight:
0.28kg
John Hope Bryant

JOHN HOPE BRYANT is an American entrepreneur, and sought-after thought and philanthropic leader, who is referred to as the Conscience of Capitalism by leading Fortune 100 CEOs. Bryant is the Founder, Chairman, and Chief Executive Officer of Operation HOPE, Inc. the largest not-for-profit and best-in-class provider of financial literacy, financial inclusion and economic empowerment tools and services in the United States for youth and adults. Operation HOPE is working to level the opportunity playing field, connecting communities to the private sector, through inclusive capitalism, at scale.

Bryant is also Chairman and Chief Executive Officer of John Hope Bryant Holdings, Bryant Group Ventures and Executive Chairman of The Promise Homes Company (Promise Homes), the largest for-profit minority-controlled owner of institutional-quality, single-family residential rental homes in the U.S.

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