Exploitation is thriving as a business model.
Informative NYT article describes variety of ways people make profits off the poor, including: repeat loans and serial debt; annual interest rates as high as 343 percent; payday loans; car loans where total amount paid in interest and principal for car loan of $951 is $3,093. Discusses auctioning tax lien payments with resulting multiplication of fees, charges, and equity stripping; attorney fees of $450 per hour charged to the poor.
Not only the middle class and the wealthy exploit the poor. Discusses evidence that at times the poor exploit each other. Article describes ‘hierarchy of exploitation’ over food stamp cards, SSI benefits, cost of food, cigarettes; evictions & homelessness.