Ronald Reagan, and before him, Richard Nixon, and before Nixon, a slew of conservative politicians going back through American history, have played to the idea that the great majority of poor people are somehow "undeserving," and being undeserving, merit at best very limited, oftentimes deeply coercive and humiliating, government interventions to better their finances. That narrative isn't about to disappear overnight; but it strikes me as being like a weak gruel - there's no sustenance in it, no heft behind the argument.

I argue that in the long run, the US would be on a far more financially secure footing if we recalibrate how we spend about two-to-three percent of the country's GNP, using state and federal taxes to create pools of money for spending on America's poor - which would, as numerous economists have argued in recent years, create virtuous spending circles, since those on lower incomes spend more of each extra dollar in their possession than do those on higher incomes.

The poverty we see in America is now too widespread, and too complex, for easy fixes. But I do think we can reimagine many of our institutions and can create new ones in ways that would be effective. We could, for example, create social insurance systems, similar to social security, such as that we went through in 2008-9. We could create a financial transaction tax, oil profit taxes and a fairer estate tax system, and we could plow much of the revenue raised from these into job training programs, into better education infrastructure, into an expanded Earned Income Tax Credit.

To really tackle poverty, politicians, activists, academics will all have to think outside their boxes, will have to start developing much more integrated approaches to these problems. And a large part of this will involve working out ways to push for living wages. Partly this will involve re-empowering the union movement, which has been massively weakened in recent decades. Partly it will involve a willingness to restructure tax codes to penalize companies that don't provide basic benefits and decent wages to employees.

When I talk about an "empathy bank," I don't mean literally opening up a bank and putting in deposits. What I mean is that the more we can, as individuals and as members of a community, empathize with, understand the pain and uncertainty economic crisis causes other people, the more we lay the groundwork for political change.

I recognize that individuals and organizations with tremendous financial clout and open access to the political system in the post-Citizens United era, are going to fight tooth and nail against a reinvigorated War on Poverty. But I also think that the elections of 2012 showed the limits of big money in politics, and the willingness of a majority of voters to really think these issues through for themselves.

Poverty became something one could see and experience firsthand, no matter where one was on the economic ladder; it became something you could viscerally experience through the lives of friends, family, neighbors, colleagues. I'd venture to say it's a rare person in 2013 America who knows nobody who lost a job in the recession, or knows nobody whose home went underwater or who went into foreclosure.