I would say that his concept "A Structural Vulnerability Explanation of Poverty" and the three contentions are intellectually interesting. Growing up in poverty and living a life of crime to survive in society is another path that many individuals find to be very lucrative and becomes a career path for many individuals, crime and passion. Yes, he is correct in saying and showing his findings like having a job, family break up and ill health; in the streets it is survival and many people of color are in the survival mode because of their families that are drug addicts or alcoholics and just don't care about them or even sexually abusing them and just have to get away because no one hears their cry for help.
The acquisition of human capital, yes it can be acquired in many ways not just with a good education or coming from a wealthy family (upper crust) that would normally deny one of this so called human capital, depending on whether you live in a rural area or the city. Those that live in poverty or struggling to make ends meet usually get involved in drugs and alcohol and some may sell the contraband or bootleg to make a living and support their habit. In the Inner City success is Rap, drugs and prostitution this brings in millions of human capital and feeds our society by using the courts, fines, attorneys and penal institutions.
Ranks, could probably do a study about individuals in the rural and inner city structural vulnerability of poverty, and have very interesting findings about this stratosphere of a society and the musical chairs that encompass this other structure that is another means of prosperity and many are led to this path that are even considered affluent. I seriously believe that the psychological stability of an individual must play a very important role in an individuals path to limit the heightened risk of economic vulnerability.
In the Spanish community a soap opera program (novella)"Pablo Escobar" is a mega hit series about the biggest leader in the drug cartel who kills people sells drugs all over the world and runs one of the most sophisticated operations in the world, he is ruthless and barbarous sadly enough this is a family show for the children, mom and dad get together and watch this together. Everybody wants to be like Pablo Escobar, sadly enough.
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