Open Access. Powered by Scholars. Published by Universities.®

Social Work Commons

Open Access. Powered by Scholars. Published by Universities.®

Inequality and Stratification

1994

Articles 1 - 2 of 2

Full-Text Articles in Social Work

How To Help The Working Poor Develop Assets, John R. Belcher Dec 1994

How To Help The Working Poor Develop Assets, John R. Belcher

The Journal of Sociology & Social Welfare

This article explores the inability of the working poor to withstand income shocks. Because they often lack assets, the working poor are increasingly vulnerable to increasing deprivation. Interestingly, the welfare state enables the middle-class to develop and maintain assets through institutional arrangements. It is argued that solutions to the problem of poverty must include ways for the working poor also to develop and maintain assets.


Assets And Financial Management Among Poor Households In Extreme Poverty Neighborhoods, Cathleen M. Finn, Paz M-B. Zorita, Claudia Coulton Dec 1994

Assets And Financial Management Among Poor Households In Extreme Poverty Neighborhoods, Cathleen M. Finn, Paz M-B. Zorita, Claudia Coulton

The Journal of Sociology & Social Welfare

Proposals supporting the accumulation of assets in poor households are hopeful of creating upward mobility. The experiences of poor families in managing assets and other elements of daily economic life were explored through interviews with low-income Hispanic and Anglo families. All families exhibited planning and management skills needed for assets accumulation, but were unable to escape the effects of unrewarding neighborhood environments. Assets did not provide clear avenues out of poverty. If assets-based programs are to raise the economic status of poor families in extreme poverty neighborhoods they must include mechanisms to protect value and reduce uncertainty.