Global Poverty Essay

P everywherety is a serious issue that has been merelyton on for centuries. Every day there atomic number 18 the great unwashed who die due to hunger but there be solutions to reducing, and even s conduceping, scantiness. Global poverty comes in an abundance of shapes and sizes. One of the important sources of poverty is the lack of investment in the future at all levels. The manufacturer extinctsources to China because he does not necessity to invest in long-term employees. The government does not want to invest in whole step employees by dint of education, infrastructure, health do by, etc. The potential employee does not want to invest in his future through education or training, but would rather kick in immediate gratification of leisure. A second main source is the lack of certain staple fibre government functions. The government needs to be able to bear stability, through laws and establishing property rights. Without these basic things, there is little incentive for the people to ruin new products, or work hard, because it go forth just be taken a appearance by someone much powerful. I dont think government is the solution to everything, but it is necessary for a few basic functions.Another main source of poverty (and economic inequality) is because we are very selfish and self-destructive. We are a species that cannot exist without soiling our own nest and devouring our own weak until we ourselves are devoured. We all want to get to more(prenominal) stuff for the amount of wealth we have to give up. That means we all are demanding that someone gene rate more wealth for little than it is expense. Unfortunately, we are willing to take this to extremes. We are more than happy to see all of our neighbours lose their jobs in the mill next door because the super shopping mall gets the same item made by slave labour in China. The people at the top are merely making a profit on what we demand they do for us. Poverty hits children the vir tually because they are our future generation and they need to grow up healthy and prosper but approximately children dont have this advantage.They should have food and education so they can grow up and become something, push the world for struggled, but unfortunately those living in poverty dont have the luxury of this. More than 80% of the population dies of hunger every single year and 22,000 of them are children. There are solutions to ending poverty but if we dont stop it now it will only get worse. The percentage will double and there wont be children to scram the world forward because they would have died due to poverty. The infant mortality rate will increase and so will the amount of home little people.Inthe political sense there could be an increased risk of war as well as genocide and terrorism. Theres also the possibility of the population migrating to places that are doing economically better than their community. The reason inequality exists is because of the devalui ng middle-class workers. No matter how hard they work and how numerous hours they work almost all of the profit goes to the executives and shareholders. Until middle-class workers are at the same level as corporations, the income gap will keep widening.Theres also the fact that women get paid less than men in most work places. This just makes matters worse. Unemployment also plays a role because those who are unemployed arent making any money at all and the rate for unemployment just keeps rising. Its these people who are being discriminated against when it comes to the working class and thats why economic inequality exists and why its on the rise. A major effect economic inequality could have is the increase in unemployment. And if unemployment increases whence the demand and supply will decrease, thus causing the delivery to go down. If people lose their jobs they have no money to pay for certain goods and services and some might not even be able to afford putting food on the t able. This will also increase poverty. A practicable solution for poverty is getting rid of capitalism. We need to get rid of all forms of physical push back being the win/lose system of government, taxation, income redistribution and regulation and central banking and have a society establish on the division of labour, individual rights and private property.Also, its not education or income redistribution that will do it either. The level of invested capital per worker, both foreign and domestic, thus raising the productivity of labour in an unhampered free market government free capitalist system, Prior to the industrial revolution, 95 percent of children died out front the age of 5, and since then the worlds population has exploded more than 10 fold. The Chinese economy since 1978 has grown 90 times since the introduction of a freer more capitalistic market society, Literally lifting deoxycytidine monophosphates of millions out of abject poverty and misery. Poverty can prob ably never be solely eliminated but this could be one possible solution. Another solution could be allowing free trade with these ontogeny countries, and maybe even give them some trade protections for a short time while they develop their comparative advantage. You could probably argue who benefits from poverty from some(prenominal) different angles.I wouldtend to say that no one benefits from poverty. Sure, if you can pay some people much less than the natural market rate to produce a good, some people will benefit by receiving some products at a lower price, but this actually isnt all that beneficial. By paying these people less, they have less money to contribute back to society, so from an economic standpoint, I would say no one unfeignedly benefits from poverty in the long run. If instead, all countries had free markets, the world would be better off. One more possible solution for ending poverty is helping each other out, especially those living in third world countries. Countries that are developed, like the US, spend all their money on war when they could be focusing on helping other countries out, even helping their curt communities. Children living in poor areas need a quality education.They need to go to school to gain knowledge and life skills and how to chafe their full potential which will help them out in the long run. There needs to be new schools built and the barriers that are preventing children from going to school (especially girls) needs to be broken. Without the proper education, these countries wont be able to improve their situation. Countries living in poverty also need health care and safe drinking water. If we can help provide these things for these countries they could eventually come out of the poverty because its hard to start a business or provide for a family when theyre busy facial expression for their next meal and some water. We can also help these countries by letting them come out of it themselves. We can lend them financial aid but having people from over here go over there to build the schools and hospitals only hurts the country.They need to be provided with jobs and they need to learn how to help because that is the only way they will get economically stronger. There needs to be access to food, water, health facilities, transportation, roads, education, daycare and many more infrastructures in each community to allow people in those communities to work effectively and productively. We have tried this in countries such as Africa and nothing came of it but thats because we werent doing it right. We believed that we were helping them when, in fact, weve only made their situation worse. We need to be more conscious of whats going on and how to help properly instead of trying to throw money around. We need to participate and push for compound if we really want to make a difference and reduce poverty as well as economic inequality. It wont be easy but it will definitely be worth it.