Karl Marx
Friedrich Engels
Enlisting for the War
In line for the soup kitchen
Colonization of Canada
Bill Gates, Part of the Top 1%
Injustice of Poverty
All
Real World Examples: Communism
Communism is an ideology that positions itself in a position to liberal democracy and capitalism, advocating instead a classless system in which the means of production are owned communally and private property is nonexistent or severely curtailed. Through communism, an individual is getting paid towards its contribution towards society and makes those who suffer from poverty to continue to suffer poverty through generations.
When dealing with poverty, they're certain aspects that deal with social, economic, and even political. Through Marxism and Capitalism, we are able to see the effects of certain teachings and theories and be able to see how they affect the Injustices from poverty.
relating to, social, economic, and political aspects and correspond with each other on a equal and regular bases
Capitalism
An economic, political and social system in which a country trade and industry are controlled by private owners for profit, rather than by the state.
Marxism
The political, economic, and social theories of Karl Marx and Friedrich Engels, later developed by their followers to form the basis for the theory and practice of communism.
Political
Real World Example: The Great War
During the first World War, there was a lot of corruption within the government as everything was taking place around the war and was the central cause of all political concerns. This leads to export and import increases and leading the corruption in the government and through the process of cultural globalization leads to countries to copy other countries like the U.S.A as an example.
Looking at political effects on poverty mostly are derived from corruption or even the effects of Globalization that a certain country has on other countries. When looking at countries or nation’s worth, the Gross Domestic Product is one way to determine countries’ domestic worth, but the Gross National Product allows for an even deeper understanding of worth.
relating to, or concerned with the making as distinguished from the administration of governmental policy
Gross Domestic Product
The total value of goods produced and services provided in a country during on
Globalization
Process in which national or regional economics and cultures becomer integrated as a result of immigration, trade, and the flow of money.
Gross National Product
The total value of goods produced and services provided by countries residents for one year, equal to the gross domestic product plus the net income from foreign investments.
Economic
Real World Example: Great Depression
The Great Depression that took place in the late 20s and 30s took a toll on almost everyone back then. With the stock market crashing, it leads to millions of individuals suffering from poverty, selling their own things to make money, and barely being able to live off of paycheck to paycheck. This lead to those who were a good place money-wise to drop to impoverish conditions and continue to stay in poverty with very little work available at the time. This was mainly due to inflation of the dollar leading to common household items to skyrocket in price and make it even more difficult to live.
The economy is always changing in the sense that it never remains the same. It can be unpredictable at times and hits with no warning leading some individuals to suffer from poverty. This can be seen through Inflation or even Income Inequality. But, as the economy changes the Economic Development starts to be put into effect trying to change the economy to a fair state for all, and start to rely on and change the Free Market and the World Bank for economical reliance.
relating to, or based on the production, distribution, and consumption of goods and services
World Bank
an international organization dedicated to providing financing, advice, and research to developing nations to aid their economic advancement.
Economic development
as a public sector term, is the process by which the economic well-being and quality of life of a nation, region, or local community are improved according to targeted goals and objectives.
Income Inequality
extreme disparity of income distributions with a high concentration of income usually in the hands of a small percentage of a population.
Free Market
Economical system based on supply and demand with no relations with the government, based entirely on legal and political rules.
Inflation
A general increase in prices and fall in the purchasing value of money
Social
Real World Example: China's Hierarchy
In China, there used be no middle class, only the high class and the working poor. With the existence of no Middle class in place, there is no guideline or margarine line between the two classes causing a great differential in status and position. This continues to the residents of China not being able to come out of the Working Poor and continue to suffer in impoverish conditions. With no laws and rules there is now a middle class which the working poor can climb through.
Poverty leads to major tension between individuals within society and divides the nation because of these inequalities. When the wealth is spread out poorly, where a small portion of the population contains most of the wealth. This is how we form the Top 1%, Middle Class, and the Working Poor. Also, through these social inequalities Colonization begins within society and try to establish control.
relating to human society, the interaction of the individual and the group, or the welfare of human beings as members of society
Colonization
The action or process of settling among and establishing control over the indigenous people of an area.
Working Poor
Working people whose incomes fall below a given poverty line due to low-income jobs and low familial household income.
Middle Class
Group of people between high class and the working class
Top 1%
Who rank the highest in the world based on their extremely high income.
