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limitations_of_the_market_system [2020/03/25 18:32]
jusr [Limitations of the market system]
limitations_of_the_market_system [2020/03/27 10:08] (current)
jusr [Poverty] live on less that corrected to live on less than
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 ===== 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.1585186366.txt.gz · Last modified: 2020/03/25 18:32 by jusr