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Images Of Poverty

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Uploaded by on Dec 16, 2008

Economics
Unemployment. Some countries' governments are believed to purposefully maintain a 2-10% unemployed populace to act as a 'replacement threat' to unskilled private sector workers, by way of maintaining an existing thriving service economy.
As of late 2007, increased farming for use in biofuels, along with world oil prices at nearly $130 a barrel,has pushed up the price of grain. Food riots have recently taken place in many countries across the world.
Capital flight by which the wealthy in a society shift their assets to off-shore tax havens deprives nations of revenue needed to break the vicious cycle of poverty.
Weakly entrenched formal systems of title to private property are seen by writers such as Hernando de Soto as a limit to economic growth and therefore a cause of poverty.

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  • Living in NYC, I see the huuuge polarization of wealth every day. Very wealthy to very poor, and less and less in between. It's frightening.

    The current system socializes risk but privatizes reward. We cannot rely on the private market for everything.

    Governments are afraid to enforce fair human rights because they must pander to multinational corporations for investment, usually by means of exploiting the workforce. Governments need to step up and protect their citizens.

  • poverty is simple. What causes it?

    Those who have economic freedom have plenty, those who don't have nothing.

    Laizzre-faire capitalism is the only remedy to this problem.

    Man does not produce when there is no rule of law or compulsion.

    Dropping tax rates would keep the rich in the country.

  • This is very disturbing, but the background music makes up for it. Nice one ^^-d

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