Here is a cool documentary on the War on Poverty. It is based on the works of Walter Williams, who seems to have a pretty good grasp of the way a capitalist system ought to operate. For your enjoyment:
www.youtube.com/watch?v=7DS0XXFdyfI
www.youtube.com/watch?v=eqMuLNWL_Qo
http://www.youtube.com/watch?v=P1r-r6iLBEIDr. Williams presents the following solutions to these problems:
Failing Public Schools - Give parents greater control over their children's education by setting up a tuition tax credit or voucher system to broaden competition in turn revitalizing both public and non-public schools
Minimum Wages - Remove the minimum wage from youngsters to give more young people the chance to learn the world of work at an early age instead spending their free time idle an possibly falling into the habits of the street
Restrictive Labor Laws, Jobs Programs - Eliminate government roadblocks that prevent new entrepreneurs from starting their own business
Welfare Programs - Enact a compassionate welfare system such as a negative income tax which would remove dependency and dis-incentives for the poor to get themselves out of poverty
www.youtube.com/watch?v=7DS0XXFdyfI
www.youtube.com/watch?v=eqMuLNWL_Qo
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