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Child Poverty and InequalitySecuring a Better Future for America's Children$
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Duncan Lindsey

Print publication date: 2008

Print ISBN-13: 9780195305449

Published to Oxford Scholarship Online: April 2010

DOI: 10.1093/acprof:oso/9780195305449.001.0001

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Embracing Capitalism:Investing in Our Children

Embracing Capitalism:Investing in Our Children

Chapter:
(p.125) 6 Embracing Capitalism:Investing in Our Children
Source:
Child Poverty and Inequality
Author(s):

Duncan Lindsey

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195305449.003.0007

This chapter argues that we need to embrace the mechanism that makes wealth possible — capitalism — and the opportunity and prosperity it provides. More importantly, we need to ensure that all children have an opportunity to participate in wealth ownership, which is the heart of capitalism. We need to embrace an “assets-based” approach to ending child poverty. Central to this approach is providing all children with the resources and opportunity to accumulate wealth. The main program that would allow this is a progressive child savings account.

Keywords:   child poverty, poor children, capitalism, child savings account

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