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Poverty of ideas in tackling poverty
Wednesday, December 14th, 2011
Dec. 14, 2011
… the problem of poverty cannot be solved by mere economic development and conventional Band-Aid solutions… poverty and misery are the direct consequences of the way our socio-economic system is organized and resources are allocated. Bluntly put, poverty is the result of our institutional failure… Charles Darwin (1809-1882), the British naturalist who influenced our knowledge of life on Earth, aptly observes: “If the misery of the poor be caused not by the laws of nature, but by our institutions, greater is our sin”. “Poverty is like punishment for a crime you didn’t commit,” according to Eli Khamarov.
Tags: economy, globalization, ideology, poverty, standard of living
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