Curated Chapters: Chapter 3 and Chapter 9 in Matthew Desmond’s Poverty, by America

One of the charges for Poverty Abolitionists in Matthew Desmond’s Poverty, by America is his argument about the inequities of the US banking system. In Chapter 3, Desmond calls out banking. If you have not read the full book yet, I recommend flagging pages 71 to 79. Desmond’s argument is that the poor are trapped in a cycle of debt. From fee structures (think overdraft fees) to overt racial discrimination in banking practices to even banking hours kept, the system is not designed for the poor. Pile on the credit system and qualifying for loans and it’s an uphill battle, to say the very least. So, how can we work toward a more equitable banking system? 

Chapter 9 highlights zoning laws as key vehicles for exclusion and a key component of structural inequality. Desmond argues for a diversity of voices in the zoning conversations, where decisions about community development are made by a group that better reflects the community. If we can move toward more inclusive zoning policy, we would move toward setting a norm of inclusivity. 

The City of Rochester is updating its zoning code, see Rochester Zoning Alignment Project to learn more.