Theories Of Poverty

Poverty is a growing issue that is widespread in third- world countries; which affects the way of life for millions of people. Poverty affects the economy because there are many people out there who are unemployed. Many people in the world have jobs that offer minimum wage, which they can hardly use to pay their bills. People in poverty are suffering sometimes due to circumstances, which they were born into. Others face poverty because of hardships or loss they have faced in their lives. Poverty ranges from all ethnicities and different backgrounds. Poverty can be reduced, never eliminated in modern society. Some of the theories that account for this are liberalism and change theories. Using examples of Canadian poverty, we will examine this

This theory is emphasizing how life is not fair and inequality is never going to change. For example, in the school system, there is always competition between students with the high and low marks. By the time, they finish high school, the students are sorted into winners or losers (Naiman 214). The ideology in the school system is a good example to represent the notion of capitalist societies. In the school system, the students are introduced to competition, the status of hierarchy and high grades. In this case, students from rich families would easily get into a well standard university whereas students from poor families may not be accepted to any post-secondary schools due to financial issues. The high class keeps getting richer because of the ever-changing economy. They invest in big companies, have high-paying jobs, live in better neighborhoods, and are more likely to have a better education than someone who is from an inner city. When a famous company CEO makes millions and gets a pay raise, there is usually a debate whether or not they deserved

For example, if there were less competition between the individuals and groups, there would be a success for everyone. In this case, the government should increase the salary for minimum wage because it would be helpful for those people who are suffering to provide the basic needs for their families. In addition, to change inequality the government should allow children from poor families with low income to have free tuition until they complete post-secondary. However, poverty cannot be eliminated because it may not be possible in any capitalist societies, but it can definitely be possible to moderate a few changes (Naiman 233). If the government had political, will to do so, Julie Payette (current governor general) could undertake other actions to make a more equitable society (Naiman