I read that the neoliberal solution suggests leaving the problem of poverty to the functioning of the market by removing obstacles for its smooth operation. Since the market is used to serve people for their own self-interest, people could go out and do things and mutually profit from those. I agree with this suggestion but it can be a bit difficult. People have the tendency to be selfish and greedy that the solution cannot be completely pushed through. There will always be someone who gets the upper hand in things and benefits more from the market exchange. But this looks possible and is worth a try.
Saturday, March 6, 2010
How can we end poverty?
Poverty is something we see every day. I think we see it so much that there was a time that we already became used to it. But now, there are a lot of movements and organizations being made up to eliminate poverty. Policies on debt forgiveness, fair trade and development aid are being made to help the poor. This got me thinking, can we really do that? Is it a systematic process? Why don’t we just try to reduce it for the meantime then work slowly towards eliminating it?
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