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“Economics professor Chris Doucouliagos from Deakin University reported in 2017 that poverty does not, in fact, encourage people to 'strive more' and compete for wealth. Rather, economic inequality impedes access to education and training. Poverty - or the threat of it - removes the material means required for people to experiment and innovate in jobs or with businesses, or discourages them from taking that kind of financial risk. Insecure work conditions exacerbate this effect, as workers fight changes - like automation, or climate transition mechanisms - they perceive as threatening their income stream.” — Sally McManus
Economics professor Chris Doucouliagos from Deakin University reported in 2017 that poverty does not, in fact, encourage people to 'strive more' and compete for wealth. Rather, economic inequality impedes access to education and training. Poverty - or the threat of it - removes the material means required for people to experiment and innovate in jobs or with businesses, or discourages them from taking that kind of financial risk. Insecure work conditions exacerbate this effect, as workers fight changes - like automation, or climate transition mechanisms - they perceive as threatening their income stream.