Open Access Economy

Community Documentation

User Tools

Site Tools


limitations_of_the_market_system

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revisionBoth sides next revision
limitations_of_the_market_system [2020/03/26 01:32] – [Limitations of the market system] jusrlimitations_of_the_market_system [2020/03/27 17:08] – [Poverty] live on less that corrected to live on less than jusr
Line 7: Line 7:
  
 ===== Poverty ===== ===== Poverty =====
-Just under half the human population (3bn) in the world today [[http://www.globalissues.org/article/26/poverty-facts-and-stats|live on less that $2.50 a day]] - many much less than that. Clearly they have insufficient skills or resources to trade with to break from poverty, and/or their geographical location doesn't offer them a fair market value. +Just under half the human population (3bn) in the world today [[http://www.globalissues.org/article/26/poverty-facts-and-stats|live on less than $2.50 a day]] - many much less than that. Clearly they have insufficient skills or resources to trade with to break from poverty, and/or their geographical location doesn't offer them a fair market value. 
  
 If almost 50% of the planet's human population have insufficient means to trade for a good quality of life, then we must infer that that system is inefficient and incapable of meeting the needs of society at large. If almost 50% of the planet's human population have insufficient means to trade for a good quality of life, then we must infer that that system is inefficient and incapable of meeting the needs of society at large.
limitations_of_the_market_system.txt · Last modified: 2021/08/04 06:11 by 127.0.0.1