Poverty, wealth and inequality

Poverty, wealth and inequality

1. Economic changes

   • According to the Human Development Report of the United Nations Program, inequality in the world has increased markedly in recent years. It is important to review what has happened in recent decades at the level of the world economy. One of the factors that determine the gaps between poor and rich countries is the difficulty of having some nations to pay their external debts because of inflation and unemployment increased. Countries such as the United States and Great Britain raised large increases in interest rates

2. Wealth in the World

   • The gap between rich and poor has deepened in the midst of globalization. There is more inequality between countries and also within them. The richest countries, which form the Organization for Economic Cooperation and Development (OECD), concentrate an overwhelming proportion of technology, capitals, markets and industrial production

3. Poverty and Indigence

   • In the world there is great poverty. Poverty can be recognized immediately, but it is not easy to define it. Poverty •It is a situation that prevents a person or a household from satisfying their basic needs in housing, nutrition, employment, education and health. Poverty •It denies to human beings the necessary resources for their realization as persons and their participatory and conscious integration in society. Poverty •Exclusion situation that deprives people of the minimum essential conditions to meet their human needs that allows them to participate as conscious and free actors in social life. Poverty •It is explained by the existence of social inequities, which represent unnecessary, unfair and avoidable inequalities. Indigence •The situation of extreme poverty. Indigence •It exists when a sector of the population fails to consume the 3200 calories that a person needs to recover the energy lost the previous day. Indigence •The homeless are below the biological limits of human r

4. How is poverty measured?

   • The poverty line has been defined in one dollar a day per person. That means that with that value a person has only minimal survival conditions. In poor countries, 1.3 billion people live on less than a dollar a day. The United Nations included data on the population with a life expectancy of less than 40 years: illiterates, people without access to health services and drinking water, malnourished children less than 5 years of age

5. Societies of waste

   • The main cause of poverty and the concentration of world wealth is the inequality of opportunities for people in poor countries to access the knowledge society. The benefits of scientific and technological progress, such as the Internet, do not reach the population of the South. Thus, the poor end up being victims of sub-consumption, while the rich are of the consumer waste