Topic: What roles does the poor play in the Economy? - page 8. (Read 1620 times)

To some point, all I see is Nature. Although I don't know by what standard you guys consider one to be poor, just because one is poor doesn't mean he or she will not have a choice; that does not mean they will be maltreated; that does not mean they will be oppressed.
 
There are still some Rich companies out there that regard every human as one, irrespective of what level they are at. When I talk about my point regarding low pay for labor, this is based on level of qualification, not oppression.
 
To me, if I were to employ labor to come work for me in any industry, I would rate their pay based on how they present themselves. There are people who know what they are actually doing, but because they lack the opportunity to showcase their talent and are always afraid of losing their opportunities, they themselves request a low pay on a job that they could have charged a high price for. So when such an opportunity presents itself, as a good economist, you will always choose the option that will cost you less. But they will be respected, not oppressed, because they have nothing.
 
There are also people out there who use any little chance that they have to oppress those they believe they have more power over, either financially or in their position; they use their position natively. We have a lot of such people in the labor market and in every society, but that does not define how everyone else will treat their employees, and that's not how the poor are also wrongly treated everywhere.

I'll just add more details to this. Once they get their salaries or wages then they can at least purchase their basic needs or even their wants. This means that the money continues to circulate within the country. This group's consumer spending also play a vital role in measuring a country's overall Gross Domestic Product score.

The Poor play a very crucial role by providing major portion of labor force for various sectors of the economy. They take up labor intensive jobs, in construction, manufacturing and service sectors.Thereby contributing for the continuous functioning and growth of the economy. Their dedication and hard work in these roles help drive development and sustain various industries.

It is essential to acknowledge and express appreciation for the contribution made by poor to keep our industries and services functioning seamlessly.

The poor masses are always more easily exploited by those who are already rich. For example, when a boss or owner of a certain company is in need of several employees for certain positions within the company. Of course the company will prefer poor people to work in the positions it needs if indeed the poor people have the skills needed.

That is a very real impact on the poor masses in this world, apart from that there are also other impacts such as those who are still poor will be forced to work every day in order to be able to make money in their life. And this will certainly have an impact on the economy which will continue to rotate every day in all communities. I think those are the only two impacts that can arise from the large number of poor masses in this world

If everyone was rich then who will do the dirty jobs, take for example the Mexicans in America, they're the ones doing the dirty and low paying jobs. If the Mexican and other migrants didn't go to the America then the streets will be dirty, factories jobs and other minor jobs that this migrants do won't have been done and the economy will be on a hold. The poor are needed in every economy and might be the most important class of wealth in an economy.

If everybody was rich then there won't be helpers in the rich mansion and public servants to help the society stay secure and in order. The poor plays the rules of maintaining the economy, they're the ones the government taxes because the rich has found a way to avoid taxes.

I want to look at this issue more openly about a specific audience, because OP's question is really misleading, I can see how the poor play an important role in the economy, because as they are part of the labor force and consumption of the economy, that may be limited by poor luck in accessing the economic resources and infrastructure needed to sustain life. The poor can provide a source of cheap labor that businesses can use to produce products and services at a lower cost, and this can help increase competitiveness and reduce costs for consumers use.
And the poor can also create a consumer market for cheap goods and services to meet their consumption needs. In particular, in some cases, the poor may have difficulty accessing the resources needed to develop their economy and improve their quality of life. Therefore, social and economic policies designed to support the poor, help them develop their economies, access employment opportunities and address health and infrastructure problems are very important.

It means a votebank is there to appease and raise votes and sustain the same governance over years to come and that the middle class would suffer from it.

Majority of democratic countries run like this, they identify minority groups, poor and less educated populations living in their own superstitions. This leads to the following groups not improving themselves but instead spending their votes on a shit governance that cannot be toppled at all and further worsening of their conditions.

This is how minority politics work, the poor remain poor while the rich remain rich, the middle class always suffers. Thus economic struggle continues as it started.

Not necessarily means poor but the average people (usually lower to lower middle class) are usually the ones who provides labor. Without these people, businesses won't function, because who will do the work for those businesses? They offer their skills either by using their body or their knowledge. I think that's the role that majority is providing for the economy. Another thing is that they act as the end consumer for those businesses. They are usually the target customers that buy goods to stores that helps the businesses in making sales.

The poor people do give major contribution in the economy, maybe all we know the poor people are just an expense for the government, but it's actually opposite from what you've thought.

Poor people don't have money to buy something expensive with cash, they will choose credit and they need to pay interest. Poor people like smoking, drunk and drug, they're make the companies become rich and the companies will pay income tax. Poor people can't enter university and they don't mind to get paid lower than minimum salary on the country where they live, etc.

Either poor people and rich people are make the government rich, but middle class people don't give a lot contribution.

That's not art for me. I'm seeing exploitation, oppression. But I'm not simply speaking of laborers working. That's not necessarily unfair. They got their level of skills. They gotta find work where they function best. That's all right provided they're not overworked in an unsafe and inhuman condition, and extremely underpaid.

How can you not consider the masses the cash cows of businesses when they are comprising almost 60% of the entire population?

Manpower, or employees, is really the role of us—the work force to run the business or even the government, even if they are not regular on their work, is still a big factor. Let's say the contractual employees in government tend to finish a project without them; those regular employees in the government can't do it without them, as well as making buildings and roads. Any kind of stuff that needs people to build is because of us. Just imagine if all were rich. Who is going to do those things?

That's the art of life, sir. For example, for the completion of work that is manpower in nature, you definitely need the name of a worker who can complete the job according to the required technical specifications. Now. what I'm thinking now is whether there are rich people who want to work like poor people. Of course not the answer. Because their social status is the same. that's why rich people must also have taste, don't ever think they are their cash cows.

Huge! The poor masses have so vital a function in the economy. In the first place, they are the milking cows of businessmen. I can only speak for my country, though.

Here, the masses comprise the huge consuming public. The capitalists here are providing products which are mainly adjusted to the lifestyle of the masses. The masses are poor. They can't buy goods in large amounts, for example, so everything are offered in tiny amounts, in sachets, in little packets.

Moreover, these poor masses are the ones who can easily be exploited as cheap labor force. Businesses here offer tiring jobs with very low compensation. The masses can't easily complain because they need to eat. Jobs are scarce. It would be a larger disaster for the worker and his/her family if he/she is kicked out because of whining. 

Another thing, the regulators can't just fight for the welfare of the poor masses. They're paid. The leaders? They're also on the payroll.

I don't think it's by design tho, but just naturally happens. People have different skills and some skills get paid more while some get paid less. Even if let's say everyone gets the same training for a position/job, people would want the best to fill the position. It means competition and the less competitive would fill the lower-paying bracket, aka look for another job.

Those who are poor has one way or the other to help the economy, know one thing that people who are poor are not dum or aren't educated, some people might be teaching in schools be it Creche, Nursery and primarily or even secondary we still have some poor teachers over there they are helping to impact on the society. When classifying poor there are categories of poverty, poor helps in cleaning some drainages and repairing some bad road in order to get paid. This is common in part of my country, so they are being classified as poor beggers yet are really helping the country.

What role does the rich one or the citizens of a country holds will be there with the poor people. Every country have got particular amount as debt and we used to make calculations how much each one needs to pay, so that the debt can be ended. Here the poor people will also have the same amount as the rich ones. When there is increase in the poor people, it means the government is not good in its role and the wealth distribution isn't happening around. In most of the countries it is the problem, the poor people will be hidden from the outer world and the growth of specific percentage of rich people on the top order were considered as the growth of the country. This is completely wrong. A country's growth should come out of the combined progress, few individuals growing their wealth in terms of 2000% and 3000% and poor people increasing in numbers on the same way on the other side is the worst of any economy.

as much as unfortunate it is, the poor people are quite literally the workforce that keeps the economy running.
their roles are really important, since without them whos gonna be doing all that heavy works?
even then they are poor for reason, one of them because their works never really being "considered" and thus their low salary.
here's the thing,without them, economy will fall, no one does the job that these so called educated people would not want to do.
they are the reason the economy keeps running.

I don't see anything wrong with the OP's question. Like you have already said, everyone has their own role in society, like the poor in the economic development of a nation. So the OP just wants to know the exact position of poor countries poor citizens in a nation.
 

I always argue that poverty can't be completely eradicated in an entire nation; no matter how hard the government of a nation tries, they can only reduce the poverty rate of that country, but they can't eradicate poverty. China tried to eradicate poverty, which they have not completely achieved. Last time I checked the track, it was still in the range of 2-1.7%. Even when the government tries its best, there are still citizens who are not willing to do the little they could have done to lift themselves out of that level. The government has a primary role to play in poverty reduction, as do the citizens; it's a right-hand-help-left-hand kind of thing.

What role do you expect the poor to play? When they can't even help to pull themselves out from their poor state of living.  I expected you ask what is the role of the government to poor people in bad economy. Poor  people have no role to play to make the economy better, instead the government gave so much role to play to make the economy better which will reduce the rate of poverty in the society.  Poor people needs empowerment and it is never their fault to be poor but it could be the fault of the government most times.

I have a thought, if according to what you say, our world needs poor people, they play an important role in developing a country. Because without them, there would be no one willing to do the jobs you mentioned, and society would go into chaos. Is the government and the rich making this world more divided, and is the gap between rich and poor becoming more prominent? That way, there will always be poor people to work with, and that's how the world works today.