Trying to Erradicate Poverty and Extreme Poverty

The view that the rich get richer and the poor get poorer has been heard repeatedly in reference to America’s income inequality. Though ironic, it comes as no surprise that America, a continent that easily trumps other countries in terms of wealth would be affected by the issue of poverty at such high levels. While much has said regarding the poverty levels, many economists, educators and scholars feel that the income inequality in America may be the reason why it is difficult to live and maintain a middle class lifestyle or to rise out of poverty into the middle class in the current economic state. With this in mind, the only way America, has a chance of lessening or eliminating poverty altogether is by understanding how it exists.

between poor and rich just getting bigger and bigger. If you are poor you can’t afford enough food which means you can’t work as much since you do not have any energy. While the rich can afford more food, have more energy, can work more and will have higher and higher income. This is how the gap between poor and rich improves and never stops. However, Banjerjee and Duflo studied a household’s habits in Udaipur, India. They found that a typical poor household could afford thirty percent more food to buy, if they cut their alcohol and tobacco spending. The poor have many choices, but they decide to stay with the excitement. Indians’ children usually suffer from low-fat index. What can be done to stop starvation in the world?

Poverty is an issue that has affected society since civilization was first created. Even with a globalized economy and economic opportunity prevalent nearly everywhere, there is still a vast majority of people who live in financial strain. According to recent information obtained by the World Bank, “10.7% of the world’s population live on less than US $1.90 a day”(World Bank 2013). In the United States considered the wealthiest nation on Earth, the poverty rate is 12.7% which is 40.6 million people(US Census Bureau 2016). Though some people are in poverty because of their own choices, poverty is a result of structural institutional practices in place.

Poverty and income inequality are clearly widespread in avoidable in an economic system that caters to the wealthy and controls how the wealth is produced and distributed. We claim to want a society free of poor people. The system that people participate in and how they participate in the system has to change but the elephant in the room is how will this change

Over three billion people live on less than two dollars and fifty cents a day. That's almost half the population of mankind. But poverty is not just about not having enough money, it's about not being able to obtain, basic human needs. Around the world people lack such necessities, like clean water, food, suitable clothing, etc. It’s because a person is not well suited to today’s society, it creates a large gap between the fortunate and those who struggle to survive.

The ninth President of the United States, William Henry Harrison once said, “The rich get richer and the poor get poorer.” President Harrison addressed this quote in a speech in 1840, nearly two hundred years later nothing has seemed to change since than. In fact the gap between the rich and the poor only seems to have increased since than. The richest 10% of the people in the world currently make up for 85% of the global wealth. One of the biggest problems with poverty is the affect it has on a child’s development and educational outcomes. Economically speaking poverty is based on a person’s annual income. For a family of four if you make anything less than $24,000 collectively in a year than you are considered to be poor. A person who receives

Though evaluating the anti-poverty approach listed above, what I have come to notice is that the government had made very few progresses to remedy our poverty crisis. At the moment, one in five American children is subjected to “food stamp”. A lot of political and social changes have took place in American since the Social Security Bill was first introduced, yet a majority the policies that we use to address our poverty concerns remain the same. Our public assistance programs hesitated to adapt to the industrial transformations and hence, did not adjust the amount of aid toward the already vulnerable working-poor. Coupled with the lack of aid, our welfare system has become completely “rule based”. Our welfare system today focused more on formality, and has done little to counter the impacts of our ongoing recessions and globalization.

Over 20 percent of the global population live in unsustainable impoverished conditions, surviving on less than a dollar a day, with approximately 50 percent living on less than two dollars. Over 2 ½ billion people have a 10% infant mortality rate versus the 0.006% of infant deaths in developed countries. As conditions worsen the poor-rich gap widens through progressive decades, reaching an average per capita income of 74:1 in 1997.1 A debate has emerged as the whether developed countries possess a duty to ameliorate the living condition of the global poor and on what grounds said duty is justified.

Swanson’s article highlights the level of wealth to poverty in surprising numbers of which people are extremely unaware. To measure people’s wealth one has to take into account their savings and property minus the debt. The world's top percentile is wealthier than the rest of the globe combined, according to Credit Suisse. To be in the top 10 percent of wealth in the world, one needs to only have $68,800 in wealth. According to the Federal Reserve, the median American family had $81,000 in net worth in 2013 according to the Federal Reserve. These families are in the top 10 percent of the world and yet there is still 71% of the globe's population with less than $10,000 in wealth. This is only 3% of the global wealth. Also, in 2015 according

How is it possible for people to be able to hit the lotto for millions and yet there is people starving in their homes ? How can there be so much misery in midst of such abundance ? Inequality is the source of enormous frustration among groups who no longer believe that they can achieve a reasonable facsmile of consumption as those of the upper classes. The social problems that result from such feelings represent some of the most fundamental contradictions that persist under advanced capitalism. That is why it should be of no surprise, then, that understanding the principle cause of these issues is an important topic for discussion. Today, government programs come and go and

When the industrial revolution start, the gases that the factory produce harm the ozone layer, but they don’t know, so this situation continues for 5 years, than the government realize that this is a situation, then

Global distribution of wealth and opportunity are two concepts that can be referred as the reason to why there is such an immense difference between the rich and he poor in the world. An egalitarian system has been part of society until the concept of hunting and gathering has become part of society. This brought the different role gender play when it comes to income and to this day, it continues to affect all parts of the world. At present, 35.6% of the U. S’s wealth is held by the top 1% wealthy people in the U.S while only 12.8% of the world’s wealth is held by the bottom 80% of the U. S’s poor population. This by itself is very infuriating and disturbing fact. One if the main cause for this absurd difference between the wealthy and poor is the concept of capitalism. Moreover,

The problem of poverty has always plagued the world, including developed countries, such as America. It is one of the main reasons that less developed countries have difficulty developing at the pace of other countries. Many different actions can cause poverty. Most people have different opinions on why poverty still exists. “Nearly equal portions of the public in advanced, emerging, and developing countries, cite the gap between the rich and the poor as a very big problem. And notably, it is the leading economic concern in the eyes of people in major economies such as China and Germany, at 42 and 39 percent, respectively, according to the new Pew Research survey. A global median of 29 percent say their government’s actions are to blame for inequality, making it the leading cause cited. People in advanced economies, in particular, believe that their governments are responsible for the rich getting richer and equally culpable for the poor becoming relatively poorer. A median of 32 percent in those nations blame government, three times the percentage that cite the failings of their educational system and double the share who blame their tax system” (Stokes). Some people that are wealthy are also greedy. Although they control a large amount of wealth, they are unwilling to share it. Although it should not be the responsibility of wealthy people to support people in poverty, it would be helpful to the advancement of society. Another contributing reason that poverty exists is

This paper will discuss poverty, the different types of poverty and their definitions and who is affected by each type of poverty. It will look at the some of the major reasons why poverty exists and what causes poverty, like such things as inequality, stratification and international debt. Some of the impacts of poverty will also be analyzed from a national and global perspective; things like education, literacy rate, and crime. This paper will demonstrate that poverty affects almost everyone in some form or another and exists because those with power and wealth want and need poverty to exist to force a dependence on the wealthy. A few of the main

Unfortunately, it was estimated that roughly 1.2 billion people in 1993 lived in extreme or absolute poverty, that which Robert McNamara regards “‘a condition of life so characterized by malnutrition, illiteracy, disease, squalid surroundings, high infant mortality and low life expectancy as to be beneath any reasonable standard of human dignity’” (Singer 219, 220). These estimates can be projected at nearly 2 billion today. A large majority of the people living in absolute poverty resides in underdeveloped countries. Among the nearly 4.4 billion people in these countries, “3/5 lives in societies lacking basic sanitation; 1/3 go without safe drinking water; 1/4 lack adequate housing; 1/5 are undernourished, and 1.3 billion live on less than $1 a day” (Speth 1).