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Topic: Is poverty a lack of money? - page 7. (Read 1603 times)

sr. member
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June 20, 2023, 12:26:24 AM
Poverty is not all about money but power, we begin to talk about this and our thinking begin to coalesce around another dimension of mobility. Poverty exist when people lack the means to satisfy their needs, the identification of the poor first require the determination of what constitutes basic needs.
Poverty is never a condition that concerns only lack of money and resources, it is also multidimensional.
The worst poverty is found when there is lack of education, understanding, fraternity, equality e.t.c.
You can agree with me that poverty is the worst form of violence and there would be a presented opportunity to acknowledge the effort and struggle of people living in poverty and a chance for them to make their concerns heard, it is (poverty) a problem to be worried about in the society.
hero member
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June 19, 2023, 04:07:46 PM
In summary when you have everything you need to survive and you don't need money, are you poor?

Someone with background in finances will tell you that it's a lack of money, someone with a degree in economics will say it's a lack of resources to satisfy basic needs, I say it's lack of knowledge, skill and opportunities.
You don't need money, but you either need skill, so that you can steal or persuade other people to give you what you need, or you need an opportunity.
I've earned a lot of money through an opportunity because someone told me to research bitcoin and I did, got hooked and it became the best investment of my life. I know people who are wealthy because, for instance, they married into a wealthy family - which again is skill and opportunity combined.

Poverty can also include limited access to education, medical care, adequate housing and other resources and opportunities that are considered essential for a life in dignity.  Furthermore, poverty is not just about the material aspect, it can also be about social isolation, lack of job opportunities and exclusion from society.
legendary
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June 19, 2023, 03:14:09 PM

In summary when you have everything you need to survive and you don't need money, are you poor?

People may have different ideas about what poverty means, but in my opinion, it is not being able to afford to meet your basic needs, such as food, clothing, and other necessities. Lack of resources to address basic issues As a result, I consider it to be poverty if someone can provide three meals per day and clothing, but lacks the funds to handle potential problems. I don't believe the poverty rate in many countries will be high if poverty is merely defined as the inability to give three meals per day and clothing, as many people are always able to accomplish.


Certainly depends on the individual's problem because there are some of them that can still provide up to 3x or even 4x meal per day but don't have any extra funds to provide for their extra needs and there are some as well who are having some struggles to provide their family to at least eat 3x per day. For them, that's already poverty but sometimes, being poor will be an inspiration to get themselves a better situation and be comfortable in life.

It's just that most of their days are not that good or they are not that lucky to find some ways to get themselves comfortable for at least one day because there are other factors as well that hinders them to get up from slums.
legendary
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June 19, 2023, 02:56:53 PM
In summary when you have everything you need to survive and you don't need money, are you poor?

Someone with background in finances will tell you that it's a lack of money, someone with a degree in economics will say it's a lack of resources to satisfy basic needs, I say it's lack of knowledge, skill and opportunities.
You don't need money, but you either need skill, so that you can steal or persuade other people to give you what you need, or you need an opportunity.
I've earned a lot of money through an opportunity because someone told me to research bitcoin and I did, got hooked and it became the best investment of my life. I know people who are wealthy because, for instance, they married into a wealthy family - which again is skill and opportunity combined.
legendary
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June 19, 2023, 01:13:53 PM
I don't think poverty is the word you're looking for to describe the feeling of having everything and not needing money. You are not poor per se, but you will be when you are put in a place wherein you will be needing your money. I know a lot of people in provinces that are basically self-sustainable in a lot of ways, and I'd trade everything to be self-sufficient and self-sustainable honestly, even if that means I'll be out of money. Why would you be needing any money if you have everything anyway?
sr. member
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June 19, 2023, 10:27:29 AM


In summary when you have everything you need to survive and you don't need money, are you poor?

Honestly, I haven't seen anyone who can survive without money. Even people who are living in the countryside where they will easily get food for life but that does not mean they do not have money. Plant varieties, fertilizers, animal feed, poultry... all the things that farmers need, they need money to get, if there is no money, how can they be obtained? No money these days means you won't be able to survive.
hero member
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June 19, 2023, 10:13:20 AM
I see poverty as the inability to provide what you need. So when people assume that poverty is when you don't have money I don't agree. Now what if you have all you need and you don't require money to buy anything, are you poor? Some people live in communities where everyone lives agrarian life. They have all they need because everything they need to survive is available. Food is on the farm, water available and everybody is happy. Although it was hard during the Covid-19 lockdown many people lived without money. I have also seen many people leaving cities and moving to rural areas to live a natural life.

In summary when you have everything you need to survive and you don't need money, are you poor?

Poverty is the lack of enough resources to sustain one's costs of living in a given country. In addition, poverty is also the lack of any sufficient means of livelihood that may cost the family to not meet their daily/monthly obligations.

There are other countries who are poor but that does not automatically equate to poverty. They may be poor but if they can sustain their lifestyle or eat at least three (3) times a day, then they are not considered in the poverty threshold but they are under the below-average income threshold.

Poor is a subjective term that can be applied to all kinds of aspects. It depends on how you would define poor and how you would apply it. One may be poor with love but have lots of resources; while others may be rich with comfort, but poor with resources.
sr. member
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June 19, 2023, 08:41:28 AM
I see poverty as the inability to provide what you need. So when people assume that poverty is when you don't have money I don't agree. Now what if you have all you need and you don't require money to buy anything, are you poor? Some people live in communities where everyone lives agrarian life. They have all they need because everything they need to survive is available. Food is on the farm, water available and everybody is happy. Although it was hard during the Covid-19 lockdown many people lived without money. I have also seen many people leaving cities and moving to rural areas to live a natural life.

In summary when you have everything you need to survive and you don't need money, are you poor?
Poverty can be interpreted in many ways. But the basic point is that people are not in poverty if they are able to meet their basic needs. In this perspective many can present various arguments on behalf of it or against it. When talking about poverty, various things we should consider. I agree with you that a man is not poor without money. The example you gave also fine too. But can you tell the approximate average percentage of people who have no money but are not poor. If you talk about considering overall situation I must say that those who have money are not poor and those who don't have money are poor. Because at present money is the only medium in exchange for which you will be able to meet all your needs.
hero member
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June 19, 2023, 08:34:00 AM
I see poverty as the inability to provide what you need. So when people assume that poverty is when you don't have money I don't agree. Now what if you have all you need and you don't require money to buy anything, are you poor? Some people live in communities where everyone lives agrarian life. They have all they need because everything they need to survive is available. Food is on the farm, water available and everybody is happy. Although it was hard during the Covid-19 lockdown many people lived without money. I have also seen many people leaving cities and moving to rural areas to live a natural life.

In summary when you have everything you need to survive and you don't need money, are you poor?

How can you have all the things you need when you have no money? Even if you are in the countryside you need electricity, phone, and internet… how do you get all this if you don't have money? Food is very important for everyone, but that is not the only factor to say that enough to eat does not mean not being poor. Human needs are huge, if not limitless because our greed is bottomless. But to satisfy all those needs, we all need money, so no money means poverty.
member
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June 19, 2023, 08:27:31 AM
I see poverty as the inability to provide what you need. So when people assume that poverty is when you don't have money I don't agree. Now what if you have all you need and you don't require money to buy anything, are you poor? Some people live in communities where everyone lives agrarian life. They have all they need because everything they need to survive is available. Food is on the farm, water available and everybody is happy. Although it was hard during the Covid-19 lockdown many people lived without money. I have also seen many people leaving cities and moving to rural areas to live a natural life.

In summary when you have everything you need to survive and you don't need money, are you poor?
within those persons, you'll still see the wealthy, average and the poor, life has made it so.

A community cannot survive without having each of this set of persons in it.
Poverty isn't limited to financial capacity, they're other basic things in live even though 90% of this things has money to cover up for it.
hero member
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June 19, 2023, 08:12:15 AM
According to Investopedia,

Quote
The term poverty refers to the state or condition in which people or communities lack the financial resources and essentials for a minimum standard of living.
Based on this definition,  poverty can not be restricted to the financial wellbeing of a person, it can also boarder around the lack of basic needs such as food, access to education, lack of access of good healthcare etcetera.

Assuming we have a policy and a mechanism for fair implementation. Most significantly, it should be protected from the consequences of any exploitation of human greed and fear.
I don't know about this,  because how do we explain situations were other people prosper in same conditions of the economy  Huh I know there is generational wealth but these kind of people aren't included in this discussion...

Btw talking of policies to make it conducive for everyone can also lean towards a communist environment, is this were this is going ??
hero member
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June 19, 2023, 07:51:47 AM
In my opinion yes! There's no way one will have everything needed to survive without having money. The three basics need of life i.e food, clothing and shelter require money directly or indirectly. Talking about farming can not justify your assumption. You actually need money in order to practice farming this days. Unless you don't want to farm enough but for self consumption and even aside that, you need to have money for chemicals and seeds.
What you say is clear enough because there is no reason for me or anyone to disagree with what you say. This is a fact that no one can avoid because everyone in this world needs the three things you mentioned (clothing, food and shelter). So money is the main thing that must be sought for everyone to be able to fulfill these three needs to make their life feel sufficient and not lacking in anything.

Quote
Poverty itself has classes and from the explanations in your post, anyone in such situations can be refer to be in mini poverty. Regardless, no matter how much you attempt to put it, poverty has to do with lack of resources and you can not have resources unless you have money.
Poverty and wealth actually both have class in this world, but I don't often see the class because I prefer to say it directly to both of them. If it's not poor, it means it's rich. Because of what ? Because people who are poor are people who cannot meet their needs sufficiently in any way, while those who are rich are those who are always able to meet their needs sufficiently even though they do not have a large number of property assets.
sr. member
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June 19, 2023, 06:40:26 AM

In summary when you have everything you need to survive and you don't need money, are you poor?
In my opinion yes! There's no way one will have everything needed to survive without having money. The three basics need of life i.e food, clothing and shelter require money directly or indirectly. Talking about farming can not justify your assumption. You actually need money in order to practice farming this days. Unless you don't want to farm enough but for self consumption and even aside that, you need to have money for chemicals and seeds.

Poverty itself has classes and from the explanations in your post, anyone in such situations can be refer to be in mini poverty. Regardless, no matter how much you attempt to put it, poverty has to do with lack of resources and you can not have resources unless you have money.
sr. member
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Merit: 323
June 19, 2023, 06:20:37 AM
The poverty is caused by the failed to keep the money for your future on earning.When the government made many schemes for the people poverty reduction.The government executive should check the exact way of making reach to the people.When the people in the full poverty,the government should concentrate of giving basic needs as compared to giving free bees to poor people.
Your train of thought is wobbly but I get what your saying and I agree, the basic needs should be supplemented by the government especially if the taxes in the state is expensive and everyone is paying, I don't agree with the first part of your statement though, that it's because of the failure to make savings, savings can only be done if your basic salary is enough not just to survive but also gain some freedom, if the money you're earning isn't enough even just to survive then you're going to experience poverty.
hero member
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June 19, 2023, 05:55:52 AM
This is indeed not the same because a place or environment can be a very basic influence on everyone, especially for those who have to always buy everything when they need it. Of course it will be very different from those who can still get it for free in the countryside through their own neighbors or grow their own crops for what they often consume daily. So this will obviously never be the same because in urban areas there is absolutely no land to grow crops except for only opening businesses such as shops and also other services such as offices.
Seeing that poverty is not far from their ability to meet the needs of their families, then basic needs are the basis that will place people on the poverty line. When this need cannot be met properly, other needs will definitely not be met properly. So that it will have an impact on their daily journey of life and will also have an impact on other lives in terms of paying for their children's schooling and not being able to provide a decent life for their family.

In this case I also quite agree with what you say because I also see the difference between those who are poor in rural areas and those who are said to be poor but live in urban areas. And the very basic difference is in their level of income and in the way they meet their needs, because those who live in rural areas can still lead a life with below average income. Meanwhile, those who live in urban areas must always try to earn above average income so that they can be far from difficulties in their lives.
That is the problem that is happening right now, poverty is indeed based on a number of things that cannot be fulfilled, be it daily needs or a decent place to live. Living in urban areas is much more difficult than living in rural areas because in urban areas everything is expensive, house rent, PDAM water costs, electricity, basic necessities and other costs. So when the income is below the average we get it will be much more difficult to make ends meet in urban areas.

Living in a rural area is much cheaper for daily living expenses, because the cost of renting a house is not that expensive and you can grow your own basic needs in the field using all the available resources. So even if your income is below the average people can survive and try to fit in with all the possibilities that are available.
sr. member
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June 18, 2023, 10:47:28 PM

In summary when you have everything you need to survive and you don't need money, are you poor?

People may have different ideas about what poverty means, but in my opinion, it is not being able to afford to meet your basic needs, such as food, clothing, and other necessities. Lack of resources to address basic issues As a result, I consider it to be poverty if someone can provide three meals per day and clothing, but lacks the funds to handle potential problems. I don't believe the poverty rate in many countries will be high if poverty is merely defined as the inability to give three meals per day and clothing, as many people are always able to accomplish.


Also, people will tend to say that you are not in poverty if you have a house and car, which is part of the middle class, but what the government really says is that as long as you have a job and can eat three times a day, you are not in poverty because you have a house, a source of income, and still can eat well, unless someone skips those meals. Also, it is just a matter of mindset for people, because others will say they are struggling or in poverty even though they have a good job and can still eat well; they are just in debt.
That's because everything that is visible and what has been obtained is because of money, everything now requires money because that's why money is a benchmark, but if we look at the definition of poor, there are actually several groups and even people who have money will be counted as poor if he lives in an environment of people who have more money than him.
But now we think realistically, everything needs money so it's only natural that money is the benchmark, the money that is meant is not what is saved but the money that is earned to be able to fulfill their needs and desires.
hero member
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June 18, 2023, 08:24:02 PM

In summary when you have everything you need to survive and you don't need money, are you poor?

People may have different ideas about what poverty means, but in my opinion, it is not being able to afford to meet your basic needs, such as food, clothing, and other necessities. Lack of resources to address basic issues As a result, I consider it to be poverty if someone can provide three meals per day and clothing, but lacks the funds to handle potential problems. I don't believe the poverty rate in many countries will be high if poverty is merely defined as the inability to give three meals per day and clothing, as many people are always able to accomplish.


Also, people will tend to say that you are not in poverty if you have a house and car, which is part of the middle class, but what the government really says is that as long as you have a job and can eat three times a day, you are not in poverty because you have a house, a source of income, and still can eat well, unless someone skips those meals. Also, it is just a matter of mindset for people, because others will say they are struggling or in poverty even though they have a good job and can still eat well; they are just in debt.
legendary
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June 18, 2023, 07:22:21 PM
Poverty occurs when a person does not have the bare necessities of life. In today's world, we can give whatever a human needs with the help of science and technology. Assuming we have a policy and a mechanism for fair implementation. Most significantly, it should be protected from the consequences of any exploitation of human greed and fear.


Right, but you also need to keep in mind the question or the context which is being used as OP to put this question onto the table.
He is talking about a community where everything to sustain life is available, people have food, water and energy because they work to provide those things to themselves. It is rather a very agricultural setting.

When you involve technology and machines into the equation, then the context changes. Smartphones, vehicles, internet, computers, none of it was initially available in this imaginary town/community. If some outsider moved in and brought a lot of technological equipment to work the land, communicate with the outside world and have more energy and water available for him, then he would rapidly become rich in comparison to his neighbors, which could be categorized as "poor" because they lack the same things he has, even though they could continue to live (assuming the new person won't negatively impact their community with his activities).
legendary
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June 18, 2023, 06:33:08 PM

In summary when you have everything you need to survive and you don't need money, are you poor?

People may have different ideas about what poverty means, but in my opinion, it is not being able to afford to meet your basic needs, such as food, clothing, and other necessities. Lack of resources to address basic issues As a result, I consider it to be poverty if someone can provide three meals per day and clothing, but lacks the funds to handle potential problems. I don't believe the poverty rate in many countries will be high if poverty is merely defined as the inability to give three meals per day and clothing, as many people are always able to accomplish.

The overview gives such an understanding. In reality things were different and really worse. In my country more than 1.7 million die every year due to poor diet. This means there is a very huge number of people lacking food. It is true, one who have got the ability to fulfil his basic needs can't be considered as poverty. Countries used to hide the poverty rate, fearing it might degrade the country's name. The government that doesn't want its name to be spoilt should take necessary steps and can make zero poverty nation. The hard reality, the politicians does corruption even in those. Poverty doesn't get connected to money directly, but it should also be considered.
full member
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June 18, 2023, 04:42:39 PM
Poverty occurs when a person does not have the bare necessities of life. In today's world, we can give whatever a human needs with the help of science and technology. Assuming we have a policy and a mechanism for fair implementation. Most significantly, it should be protected from the consequences of any exploitation of human greed and fear.
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