Late-Stage Capitalism at its Worse . . . [or Best?]

You can even have a job & be homeless. How’s that for capitalism?

A Grain of Salt | ElbyJames
5 min readDec 13, 2019


Photo by Madhav Rajesh on Unsplash

Are you prepared to be homeless?

Two-thirds of Americans are just one sickness away from becoming homeless. It wouldn’t take much for many, maybe just a car problem to force a person to live on the street. The strange part of capitalism is, you can even have a job and be homeless.

Could you survive being homeless?

What a question to ask someone.

But the reality is, anyone can become homeless in today’s society. Even I was homeless after I returned from my deployment to the middle-east; just like a Hollywood movie.

Americans are feeling better about their job security and the economy, which is a good thing but most are theoretically only one pay check away from becoming homeless. Why? They have no savings to tide them over nor can they afford health insurance, even Obamacare.

According to personal finance website, “approximately 62% of Americans have no emergency savings for things such as a $1,000 emergency room visit or a $500 car repair.”

Also, a full one third of Americans were living pay check to pay check, and if they lost their job, they would not be able to make their next rent or mortgage payment.


Photo by Giovanni Randisi on Unsplash

People aren’t homeless because they’re lazy, albeit there are always a few who try to beat the system. They aren’t homeless because they don’t have a job, because they do. They’re homeless because wages are low and housing prices are forever rising.

Let’s not talk about underpaid or unemployed college grads, that’s another story itself.

It’s estimated around 25 percent of the homeless population’s employed, and between 40 and 60 percent of them floats in and out of full-time and part-time work.

But wait! We live in a capitalist society. They aren’t supposed to be any homelessness.



A Grain of Salt | ElbyJames

ElbyJames is an American disabled combat vet exiled in the UK & a free speech absolutist. He’s an occasional Top Writer