0 to make people, a country, an organization, etc. poor:
It looked like unregulated capitalism had cruelly immiserated America.
He wrote that liberalism is simply a way to allow corporations and the oligarchy to slowly immiserate the majority of humanity for their own gain.
Marx's concept of capitalist development immiserating those at the bottom was gaining credence.
British and northern conservatives concluded that capitalism must inexorably immiserate the labouring classes.
Perhaps the future will see an immiserated proletariat.