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How the Poor Can Save Capitalism: Rebuilding the Path to the Middle Class Hardcover – June 2, 2014


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Product Details

  • Hardcover: 176 pages
  • Publisher: Berrett-Koehler Publishers; 1 edition (June 2, 2014)
  • Language: English
  • ISBN-10: 1626560323
  • ISBN-13: 978-1626560321
  • Product Dimensions: 6.3 x 0.7 x 9.6 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (58 customer reviews)
  • Amazon Best Sellers Rank: #58,829 in Books (See Top 100 in Books)

Editorial Reviews

Review

“When John Hope Bryant talks about how to expand the middle class, I listen. I urge everyone to read this book and discover for themselves John’s great ideas for creating an America with more shared opportunity and shared responsibility.”
—President Bill Clinton

“John Bryant is what I call a practical idealist who dreams big and then moves with precision to action. He reminds us of the age old adage, ‘if you give a man a fish, you feed him for a day, but if you teach him how to fish, you feed him for a lifetime’ because he or she now has the skills and knowledge to become self-determined. One of the few and best plans for addressing poverty is outlined in this book. It lays out a clear and actionable path to address some of the issues that led my father to call for a poor people’s campaign shortly before his assassination. You will have a different perspective on poverty and ‘poor people’ when you finish reading this book and realize that in order to secure our economy, we must ensure that everyone is given a fair and just opportunity to prosper.”
—Dr. Bernice A. King, daughter of Martin Luther King, Jr., and CEO, The King Center

“We cannot win the war for good jobs without the inclusion of and capacity building of the poor—this book shows the way and makes a personal, moral, and chiefly economic argument for how the poor can save capitalism.”
—Jim Clifton, Chairman and CEO, Gallup, and author of The Coming Jobs War

“John and I want the same things. And the goals of this book are the same goals of my Rebuild the Dream campaign. He has provided the road map to economic recovery for this country at a time when economic inequality is at its peak. I, for one, will be following the steps laid out in the HOPE Plan.”
—Van Jones, former Presidential Advisor to Barack Obama and current host of CNN's Crossfire

“I’ve known John for a number of years, and hope isn’t just his middle name or the name of the organization he founded, it’s what he spreads to everyone he encounters. In this book, John articulately describes actionable ways to connect those who are currently disconnected from the economy and in the process provide opportunity for the poor and the business community simultaneously. These practical and innovative suggestions to the private (and public) sector should be heeded and implemented by CEOs across the country.”
—Duncan L. Niederauer, CEO, New York Stock Exchange
 
“John Hope Bryant offers a compelling argument to build both capitalism and communities through the advancement of financial literacy among the poor and middle class. With the vision that all people should have the opportunity to participate fully in our economy, he enlivens the American dream.”
—William H. Rogers, Jr., Chairman and CEO, SunTrust Banks, Inc.
 

About the Author

John Hope Bryant is an entrepreneur, author, and advisor and one of the nation’s most recognized empowerment leaders. He is the founder, chairman, and CEO of Operation HOPE and Bryant Group Companies. Recognized as one of Time magazine’s “50 for the Future” leaders, Bryant is the author of Love Leadership and is the only African-American bestselling business author. He served as chairman of the President’s Advisory Council on Financial Capability, Subcommittee on the Underserved and Community Empowerment, and was appointed by President Obama in 2014 as a member of the President’s Advisory Council on Financial Capability for Young Americans. He is also cofounder of the Gallup-HOPE Index, the only national research poll on youth financial dignity and youth economic energy in the United States.

More About the Author

On February 1st, 2009, in the midst of the worst global economic crisis in recent history, thought leader John Hope Bryant was chosen to speak at the closing session for the Annual Meeting of the World Economic Forum in Davos, Switzerland, joining Archbishop Desmond Tutu, Professor Klaus Schwab, founder and chairman of the World Economic Forum, H.R.H. Crown Prince Haakon of Norway and Professor Pekka Himanen of Finland, on the subject of "dignity for all."

In early 2008, Bryant's silver rights advocacy inspired the U.S. government to make financial literacy the policy of the U.S. federal government for the first time in our nation's history.

John Hope Bryant is a philanthropic entrepreneur and businessman, in the business of empowerment. This includes Mr. Bryant's non-profit work throughout the United States, through Operation HOPE, his global non-profit work led by HOPE Global Initiatives, his vast work in public policy, and his increasing portfolio in "thought leadership."

On January 22nd, 2008, Mr. Bryant was appointed by then President George W. Bush as vice-chairman of the bi-partisan U.S. President's Advisory Council on Financial Literacy. Vice chairman until January, 2010, Mr. Bryant proudly now serves the historic presidency of the Honorable Barack Obama, 44th President of the United States. In this role Mr. Bryant also serves as chairman of the Under-Served Committee for the U.S. President's Council. Seeing this crisis in global dimensions, Mr. Bryant also serves on the Global Agenda Council for the World Economic Forum, as an advisor on financial literacy and financial empowerment.

Mr. Bryant is the founder, chairman and chief executive officer of Operation HOPE, America's first non-profit social investment banking organization, now operating in 68 U.S. communities and South Africa, having raised more than $500 million from the private sector to empower the poor.

Former U.S. President Bill Clinton described Mr. Bryant in his recent bestselling book GIVING saying, "John Bryant is a 41 year-old whirlwind of ideas and action. Lean, intense, focused, and completely positive in his belief in the potential of poor people to prosper, with 'a hand up and not a hand out.'"

A national community leader cited by the past four sitting U.S. presidents for his work to empower low-wealth communities across America, and an active advisor to the past two U.S. presidents, John Hope Bryant is one of the most authoritative and compelling advocates for poverty eradication in America today.

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Customer Reviews

This book is a MUST read, and needs to be in everyone's collection.
Travis Smith
This book will make you think about how you may find ways to gain more happiness in your life and/or in your community.
Jena Roscoe
We live in a generation of fighting cancer, fighting global warming, fighting depression, and the like.
Debbie Fiddyment

Most Helpful Customer Reviews

21 of 21 people found the following review helpful By Ryan C. Mack on June 2, 2014
Format: Hardcover
This is a long overdue, truthful, and tangible discussion about a topic which all the world should be paying attention to. John Hope Bryant gives a much needed insightful perspective on the value of ALL people especially the poor. He passionately articulates how "helping people" and "helping people to help themselves" are two very different conversations; furthermore, helping those who are underserved is not only a moral proposition but is ultimately a very wise business decision as well. It we are going to rise as a country we must heed the principles within this book. If we are going to finally address global poverty in a way which "the rising tide lifts all ships" then the principles within this book should be a staple within every action/conversation.

I have long been an advocate of "less talk and more action" and Mr. Bryant is surely that. He has essentially written a blue print to eradicating poverty while Operation HOPE is the system with which the blue print can effectively be implemented around the world. Bravo Mr. Bryant...I pray the world hears and responds accordingly!
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24 of 25 people found the following review helpful By David Bell on June 2, 2014
Format: Hardcover
My copy of this book looks like a rainbow. I have it highlighted in all sorts of colors. Yellow for general points of interest, blue for passages I can use in my own work and green for action steps needed now.

I am impressed with how this book not only redefines poverty and properly frames the struggles surrounding it, but also provides a detailed road map for how to fix it. This is not a book of fluff. This is a guidebook.

I was struck by the passage that outlines poverty resulting in the lack of 1. self-confidence and esteem, 2. positive role models, 3. opportunity. How can someone succeed with these against them? They shouldn't have to. We can help create opportunity and provide positive role models. The self-esteem and confidence will follow.

This is a great book that I will continue to reference as we all work to help the poor save capitalism.
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20 of 22 people found the following review helpful By Jena Roscoe on June 2, 2014
Format: Hardcover Verified Purchase
This book will attribute to your well being and happiness. This book will make you think about how you may find ways to gain more happiness in your life and/or in your community.

You will learn after reading "How The Poor Can Save Capitalism," by John Hope Bryant a frequent statement highlighted: "...the most dangerous person in the world is a person without hope." You will also learn after reading the book, a common theme to "connect aspiration with opportunity."

I challenge all to connect with this book's goal to "Seed HOPE, Invest In HOPE, Nurture HOPE, and Harvest HOPE."
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13 of 14 people found the following review helpful By Kevin on June 6, 2014
Format: Hardcover Verified Purchase
Its very difficult to find a book that feels like both a sermon and a self help journal in one.

That's what Bryant's latest book does. On every page, you hear a call to the consciousness of America and every struggling American. It's a voice that rings loud and true: America is a land of opportunity for all people. But first you have to believe in yourself. "Half of poverty," says Bryant, "is a lack of self confidence. It’s a lack of confidence in your self. It’s a lack of belief. If you do not know who you are in the morning by dinnertime someone is going to tell you." So begins Bryant with the rousing air that makes you sit up and listen, like a sweating preacher in a hot church.

He's speaking the language of everyday people: He often reminds them that there’s a difference in being broke and being poor. Being broke is economic, yes. But being poor is a disabling frame of mind and a depressed condition of your spirit. And you must vow to never be poor again. If I don’t like me I’m not going to like you. If I don’t feel good about me I’m not going to feel good about you. So begins his sermon of self empowerment through self belief. And that theme resonates on every page. Inspired by the great Dr. Martin Luther King, Jr., Bryant lifts your heart and your mind. "Freedom and liberty and justice and fair play are not things; they are feelings!" Freedom, he repeatedly reminds us, is self determination.

Which brings us to the second key element of the Bryant message and movement: The free enterprise system provides all the tools you need to empower yourself. Whatever its flaws, capitalism and inclusion in it, is the only path to rebuilding the middle class in America.
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9 of 10 people found the following review helpful By W. ALLEN DARK on August 27, 2014
Format: Hardcover Verified Purchase
Not a lot of meat in this book, and not a lot of new ideas. It is not clear who the book targets; It is very promotional and motivational in tone, but does not really deliver what the title implies. Bryant is right about the neglect of communities and poor people by the establishment. He's on target when he focuses on a need to educate poor people on the fundamentals of personal finance and the basics of how the business world works. He's right about the need for the poor to find ways to create their own businesses (because the established American economy may evaporate before very many poor people catch up with it). But then he leaves you with an appetite for much more information and more ideas, perhaps more on how to develop and test new business ideas, alternative sources of financing, bootstrapping, stages of starting and developing a business, need to understand basic accounting principals, basics of business financial planning, how to find legal aid for forming a company, where to find business consulting advice and guides to much more. Perhaps more on community economics, cash flow and circulation of money if it stays in the community longer, the use of the cooperative form of organization in depressed communities, the need for and sources of training in job skills needed in a new business, and much more. There are no references listed in the book for further research and learning in such directions. No one could thoroughly discuss such material in one book but it seems one might sketch enough and point directions for those really motivated to pursue his ideas. So, don't expect too much if you read this book.
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