immiserate

verb

1. (transitive)To impoverish (someone); to make someone sink into misery.

   “By far the most powerful dynamic conception of capitalism as a system wracked by unavoidable change is the classic Marxian view in which a working class is first immiserated, then disciplined, finally goaded beyond endurance by a system that systematically exploits and deceives it.”

   “The fun, pleasurable aspect of playbor troubles scholars because it seems to suggest that playborers are not exploited; exploitation is supposed to be immiserating, not fun.”

   “Higher inequality, in part the result of a real estate boom that immiserated some and enriched others, meant more wealth in the hands of the high-saving rich.”

   “These regimes will favor older people and contain and immiserate the young.”