poverty(2/0)

Capitalism may encourage poverty

This paper written about Capitalism and Extreme Poverty shows that a common narrative, that one of Capitalism’s greatest achievements has been to raise people out of poverty, is patently false. It’s very detailed, but the abstract is easy enough to read and the charts help a lot.

Owners must listen to help the poor

Several approaches have been taken to alleviate poverty. Medical backgrounds say if there was affordable healthcare the poor would be healthy enough to improve their standard of living. Psychology backgrounds say if there was access to mental health treatment the poor would overcome their debilitating fears, anxieties and depressions that hinder them from advancing beyond sustenance. Yet Polak and Warwick have a good point; are we assuming we know what the poor need, or are we actually asking them?…