Poverty

Living in Poverty

The Brookings Institution published a report* that…

builds on research from the British economist William Beveridge, who in 1942 proposed five types of poverty: squalor, ignorance, want, idleness, and disease. In modern terms, these could be defined as poverty related to housing, education, income, employment, and healthcare, respectively. Analyzing the 2014 American Community Survey, the paper’s co-authors, Richard Reeves, Edward Rodrigue, and Elizabeth Kneebone, found that half of Americans experience at least one of these types of poverty, and around 25 percent suffer from at least two.

The findings also illuminate why poverty can be so difficult to escape. The Brookings researchers note that anti-poverty solutions often focus on solving only one problem at a time—usually income, because it’s the most pervasive and, perhaps, the easiest to quantify. They argue that in order to address the compounding effects of the various types of poverty, it would actually be useful to de-emphasize the matter of income. That may sound counterproductive, but it would just mean working to offer things like better quality public education, low-cost, comprehensive health care, and safer, higher-quality affordable housing, things that could improve the lives of all Americans, regardless of income limitations.

[Quoted Source: The Atlantic. Poverty, Compounded]

* Brooking Report: FIVE EVILS: MULTIDIMENSIONAL POVERTY AND RACE IN AMERICA


…poverty isn’t just a matter of making too little money to pay the bills or living in a bad neighborhood—it’s about a series of circumstances and challenges that build upon each other, making it difficult to create stability and build wealth.

Total Inequality is “the sum of the financial, psychological, and cultural disadvantages that come with poverty”…  – Derek Thompson  [Read more]

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