In the United States, we're much more evolved: we don't just exclude people from government services, we also use innovative free market solutions to extract as

In the United States, we're much more evolved: we don't just exclude people from government services, we also use innovative free market solutions to extract as much money from the "unbanked" as possible. First, corporations only pay in direct deposit, check, or debit card. Of those three, only checks and debit cards can be used by the unbanked. Secondly, while you can choose a check, the only method through which the unbanked can receive actual USD, you can't cash it very easily. However, the unbanked can't simply submit a photo of them through an app on their iPhone. They have to walk to "check cashing" businesses, which abound in our inner cities. These businesses exist by taking a cut of the paychecks of the people too poor to afford a proper bank. Finally, there is the debit card option. Debit cards for pay were originally intended to eliminate predatory check cashing businesses. The cards were supposed to prevent the type of ridiculous costs imposed by check cashing businesses. What occurred next was fairly predictable. Instead of a direct rate, companies charged small fees such as withdrawal fees, card replacement fees, and account fees, which accrue over time to roughly the same amount as going to the check cashers. Since the debit cards are often more convenient, many people choose that option, and the corporation takes the cut that used to go to the "unscrupulous" check cashers. Later I'll tell you about bail bondsman and private prisons...