How the "Poverty Industry" Exploits the Poor
Mike Hudson is a contributing editor for "Southern Exposure," a public policy magazine. He recently wrote a series of stories on the "poverty industry" -- how pawn shops, finance companies, and rent-to-own stores charge high interest rates, sometimes as high as 35%, to people who can almost never pay them back.
Other segments from the episode on August 25, 1994
Fresh Air with Terry Gross, August 25, 1994: Interview with Adrienne Gemaine; Review of the television show "My So-Called Life"; Interview with Michael Hudson; Review of four albums of Soukous music.
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