Poverty - Week 6 Entry 1


Poverty is currently one of the hardest obstacles we as a people have to overcome to achieve sustainable development. With nearly half the population living in poverty, eradicating it seems a distant way in the future.
Poverty greatly affects both economic and social sustainability. With those living in abject poverty unable to receive appropriate living and sanitation conditions, affecting their health and well-being, a lack of social support, community resilience and many more.
The current capitalist system has seen to benefit many countries over the past few decades. With countries like South Korea, India and China, who has opened up their markets, they have seen a great deal of progression within their nation to move away from poverty. Though starting out with a miniscule pay, people of poverty has been given opportunities to pick up skills and increase productivity within the nation. Economic growth within the free-market would also benefit those in poverty by retaining opportunities within markets of nations living in poverty.
Though capitalism has shown that it is capable of providing a way out of poverty for some. It is important to remember that developed countries should also assist people in poverty where needed. Primarily assistance to appropriate living conditions and sanitation, entrepreneurial opportunities and resources. Support systems should also be in place to help with those who are unable to support themselves.
Eradicating poverty, though an enormous obstacle to hurdle, it is probably one of the most important aspect to address to be able to achieve a sustainable world, one that is unachievable without an international cooperation.


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