Poverty is relative (cite: Adam Smith - poverty is the absence of what a society deems to be essential). Poverty is created by income inequality.That makes no sense. If poverty is the absence of essentials, it has nothing to do with income inequality, except perhaps indirectly. If you actually care about poverty, you should be looking at ensuring that everyone has the essentials rather than redistributing the income of outliers. Those outliers will always be better equipped to protect their assets, so attempting redistribution is only directing energy away from ensuring that those in need have essentials.
In a perfectly equal world, there is no poverty.A perfectly equal world is one in which everyone is dead.
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I'm woefully behind on my periodical reading, so I appreciate things like this being brought forward so I don't miss them as the tide of magazines engulfs me. Thanks for posting.
posted by hippybear at 8:05 AM on April 24, 2012 [2 favorites]