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How the Poor Can Save Capitalism

Rebuilding the Path to the Middle Class

BRYANT

$59.99

Hardback

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English
Berrett-Koehler
02 June 2014
A successful entrepreneur and nonprofit founder shares his plan of action to help the American economy by assisting America's poor.

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 seventypercent 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 onepercent or even the ninety-nine percent but for the one hundred percent. This is a free enterprise approach to solving the problem of poverty and raising up a new America.

""Economic immobility is the defining issue of America in the twenty-first century. John Hope Bryant makes an engaging case for why we must make our economy work for everyone. How the Poor Can Save Capitalism is a must-read for business leaders, policymakers, and community leaders who want to make the American Dream a reality for all our children."" -Ben Jealous, former CEO, NAACP

""John and I want the same things. And the goals of this book are the same goals of my Rebuild the Dream campaign. He has provided the road map to economic recovery for this country at a time when economic inequality is at its peak. I, for one, will be following the steps laid out in the HOPE Plan."" -Van Jones, former Presidential Advisor to Barack Obama and current host of CNN's Crossfire
By:  
Imprint:   Berrett-Koehler
Country of Publication:   United States
Dimensions:   Height: 244mm,  Width: 162mm,  Spine: 20mm
Weight:   421g
ISBN:   9781626560321
ISBN 10:   1626560323
Pages:   176
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Introduction: Harvesting Hope PART I: SEEDING HOPE Chapter 1: Separate, Unequal America Chapter 2: A New Look at Income Disparity PART II: INVESTING IN HOPE Chapter 3: Cracking the Code of Finance Chapter 4: Banking and Financial Services Chapter 5: The Working Family’s Hedge Fund PART III: NURTURING HOPE Chapter 6: 700 Credit Score Communities Chapter 7: The Power of Small Business and Entrepreneurship PART IV: HARVESTING HOPE Chapter 8: The HOPE Plan Chapter 9: Project 5117 Conclusion: Where We Go from Here Notes Acknowledgments Index About Operation HOPE Inc. About the Author

John Hope Bryant is an entrepreneur, author, and advisor and one of the nation's most recognized empowerment leaders. He is the founder, chairman, and CEO of Operation HOPE and Bryant Group Companies. Recognized as one of Time magazine's ""50 for the Future"" leaders, Bryant is the author of Love Leadership and is the only African-American bestselling business author. He served as chairman of the President's Advisory Council on Financial Capability, Subcommittee on the Underserved and Community Empowerment, and was appointed by President Obama in 2014 as a member of the President's Advisory Council on Financial Capability for Young Americans. He is also cofounder of the Gallup-HOPE Index, the only national research poll on youth financial dignity and youth economic energy in the United States.

Reviews for How the Poor Can Save Capitalism: Rebuilding the Path to the Middle Class

When John Hope Bryant talks about how to expand the middle class, I listen. I urge everyone to read this book and discover for themselves John's great ideas for creating an America with more shared opportunity and shared responsibility. --President Bill Clinton John Bryant is what I call a practical idealist who dreams big and then moves with precision to action. He reminds us of the age old adage, 'if you give a man a fish, you feed him for a day, but if you teach him how to fish, you feed him for a lifetime' because he or she now has the skills and knowledge to become self-determined. One of the few and best plans for addressing poverty is outlined in this book. It lays out a clear and actionable path to address some of the issues that led my father to call for a poor people's campaign shortly before his assassination. You will have a different perspective on poverty and 'poor people' when you finish reading this book and realize that in order to secure our economy, we must ensure that everyone is given a fair and just opportunity to prosper. --Dr. Bernice A. King, daughter of Martin Luther King, Jr., and CEO, The King Center We cannot win the war for good jobs without the inclusion of and capacity building of the poor--this book shows the way and makes a personal, moral, and chiefly economic argument for how the poor can save capitalism. --Jim Clifton, Chairman and CEO, Gallup, and author of The Coming Jobs War John and I want the same things. And the goals of this book are the same goals of my Rebuild the Dream campaign. He has provided the road map to economic recovery for this country at a time when economic inequality is at its peak. I, for one, will be following the steps laid out in the HOPE Plan. --Van Jones, former Presidential Advisor to Barack Obama and current host of CNN's Crossfire I've known John for a number of years, and hope isn't just his middle name or the name of the organization he founded, it's what he spreads to everyone he encount


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