How might we understand the relationship of social, economic and political factors to the injustice of Poverty?

Mer som dette

opposition to neoliberal capatilism

Ved ben cheetham

Urbanization

Ved Anabella Gulizia

Challenges for our society on future

Ved David Meneses

Slavery

Ved Ajay Khurana

How might we understand the relationship of social, economic and political factors to the injustice of Poverty?

Political

Example: COVID-19 Grants The government has introduced grants to help support the people who are struggling during this difficult time. This helps prevent poverty from a political standpoint. The grants are given to those who have lost their jobs due to COVID-19 and those students in who need money for their post-secondary payments yet cannot get a job.

The government has a big portion to play when it comes to the well-being of a country. It is up to the government to make sure that they place the correct systems to make sure people are able to climb their way out of poverty. Unfortunately, we see many cases where the government blames those in poverty for being there based on the decisions they have made in life which is often false. The GDP given by a country can measure how poor a country is. The poorer the country the more likely it is for the country to have a higher poverty rate. A more specific measurement of this would be GNP. With the help of governments starting up globalization businesses, this could lead the way into more job opportunities for the less fortunate, and or those in poverty.

Globalization: The process by which businesses or other organizations develop international influence or start operating on an international scale.

GDP: The total value of goods produced and services provided in a country during one year.

GNP: The total value of goods produced and services provided by a countries residents for one year, equal to the gross domestic product plus the net income from foreign investments.

By Definition: a) of or relating to government, a government, or the conduct of government b) of, relating to, or concerned with the making as distinguished from the administration of governmental policy

Injustice of Poverty

By understanding the three factors, social, economic, and political and their relationship we can better explain the injustice of poverty. Poverty isn't a naturally occurring event in a person's life but rather one caused by the systems in place by societal standards, economical gain, and political influence. Based on previous explanations I cam able to come to this conclusion. A good example is Marxism and Capitalism. These two systems are created by the three factors, social, economic, and political and aren't challenged by the people. For marxism, the leaders of communist countries leave no voice behind for those in the lower class allowing them to continually suffer from poverty while those in the middle class and above silence their voice. For capitalism, a government or a private owner can use the residents and abuse their power to horde all the wealth for themselves leaving people in poverty. Poverty is an injustice caused by systems that can be easily reversed by the same factors that cause them. As long as society stands up with the voice that they are given. If economically we spread the wealth and evenly distribute it to those in need and if those with political power ensure that the systems they have in place are fair, the injustice of poverty could one day be fixed.

By Definition: Poverty is the result of inequality. It is the result of how society is organised. Poverty is not a misfortune, poverty is an injustice. It is systemic, political, degrading and dehumanizing.

Capitalism: An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

Marxism: The political and economic theories of Karl Marx and Friedrich Engels, later developed by their followers to form the basis for the theory and practice of communism.

Economic

Example: COVID-19 and The Great Depression A present-day example of the economy causing poverty is COVID-19. Due to the virus outbreak, many people have lost their jobs and the economy has been on a decrease ever since. There are fewer people making money yet prices continue to rise. We are approaching another crash in the market similar to the great depression which began in 1929 and ended in 1933. This stock market crash left economies and the dump and caused millions of people to go into poverty and have little to no money to use to feed their families.

Economic traditions cause many citizens to end up in poverty. This is due to the fact that the economy is consistently changing over time. While it can change drastically at once it usually changes very minimally over time. The cost of living increases every year due to inflation so salaries must match that to keep people stable. However, some people suffer from income inequality due to the way the system is set up. Economies can also crash and leave people homeless which is often leads to people living in poverty. An economy needs to continuously thrive to allow for more jobs to be created to combat poverty. The economy is based on the American dollar as it is considered the global reserve currency which ties into the world bank. But, as the economy changes the Economic Development starts to be put into effect. This changes the economy to a fair state for all, and starts to rely on and changes the Free Market.

World Bank: The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.

Economic development: 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: Income inequality is an extreme disparity of income distributions with a high concentration of income usually in the hands of a small percentage of a population.

Free market: An economic system in which prices are determined by unrestricted competition between privately owned businesses.

Inflation: A general increase in prices and fall in the purchasing value of money

By Definition: of, identifying with, or dependent on the creation, conveyance, and utilization of products and enterprises

Social

Example: The Arab Spring A series of anti-government protests, uprisings, and armed rebellions that spread across much of the Arab world in the early 2010s. It began in response to oppressive regimes and a low standard of living, starting with protests in Tunisia. The countries that ended up being involved were Tunisia, Morocco, Syria, Libya, Egypt and Bahrain. This ended up in the creation of many jobs in each country. It lead to improvement in Democracy, Elections, Econimic freedom, human rights, employment, me change, Secularism, Islamism.

The harmful cycle of poverty means that lifelong barriers and troubles are passed on generation to generation. Unemployment and low incomes create an environment where children are not able to attend school. Children usually have to work to provide an income for their families. As for children who are able to go to school, many fail to see how hard work can improve their overall everyday lives as they see their parents struggle with everyday tasks. Poverty is a major cause of social tension which threatens to divide a nation because of income inequality. This occurs when the wealth of a country is poorly distributed among its citizens (when a tiny minority has a majority of the money). Also known as the top 1%. Wealthy or developed countries maintain stability because of the presence of a middle class. However, even Western countries are gradually losing their middle class. As a result of this, there has been an increased number of riots and clashes. This increases the number of those working poor. For society, poverty is a very dangerous factor that can destabilize an entire country. Colonization also plays a factor in this. For example, when the English men colonized Canada from the first nations, we left them in a part of Canada with a more harsh environment and less money causing most of them to live in poverty. Luckily society and been working to encourage the government to change their policies and correct their mistakes

Colonization: The action or process of settling among and establishing control over the indigenous people of an area.

Working Poor: The working poor are working people whose incomes fall below a given poverty line due to low-income jobs and low familial household income.

Middle Class: The social group between the upper and working classes, including professional and business workers and their families.

Top 1%: Those who rank the highest in the world based on their extremely high income, their overall accumulated net worth, wealth, and possessions.

By Definition: of or identifying with human culture, the association of the individual and the gathering, or the government assistance of people as citizenry