Why doesn't work always offer a safe escape route from poverty?

Thursday, July 23, 2015 - 08:10 in Mathematics & Economics

On Monday, British lawmakers will vote on a welfare bill which reflects a widely accepted idea that paid employment provides an important route out of poverty for people of working age. In fact, the proposals make it clear that this government regards paid work as the only acceptable route out of poverty; Chancellor George Osborne has even argued that "progressive" Labour MPs should offer their support. But the uncomfortable truth here is that many of those who enter paid employment remain stuck in a cycle of struggle.

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