“Trickle-down theories do not address the legitimate aspirations of the poor. We must lift those at the bottom so that poverty is erased from the dictionary of modern India.” PoorPovertyModernTheoryIndiaBottomLiftsAspirationAddressesDictionaryTrickle DownModern India Author:Pranab Mukherjee
“Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.” NeedsShouldProblemGrowthWealthPayAttentionKnownPovertyCryCapitalismEconomicsShould HaveUniversalPraiseRaisedBottomSolveDisappearEmploymentLiftsPay AttentionBotherEconomistImpressiveReducingShould Have KnownShould Have Known BetterReducing Poverty Book:Contributions to Modern Economics Source: Contributions to Modern Economics
“The zooming wealth of the top 1 percent is a problem, but it's not nearly as big a problem as the tens of millions of Americans who have dropped out of high school or college. It's not nearly as big a problem as the 40 percent of children who are born out of wedlock. It's not nearly as big a problem as the nation's stagnant human capital, its stagnant social mobility and the disorganized social fabric for the bottom 50 percent.” HumansChildrenProblemBigsSchoolNationsSocialBornWealthEducationPovertyMillionsCollegePercentHigh SchoolBottomFabricStagnantMobilityWedlockDisorganizedSocial Mobility Author:David Brooks
“It was this desire for a feeling of importance that led an uneducated, poverty-stricken grocery clerk to study some law books he found in the bottom of a barrel of household plunder that he had bought for fifty cents. You have probably heard of this grocery clerk. His name was Lincoln.” BookFeelingsLawDesireFoundNamesPovertyStudyHeardImportanceBottomFiftyCentsHouseholdGroceriesBarrelsClerksUneducatedPlunderLaw Books Book:How to win friends & influence people Source: How to win friends & influence people
“Poverty is a big barrier if you are at the bottom layer of society, don't know where the next meal is coming from. It is not a big barrier of taking the rich with the poor in a big society to provide schooling for all.” IfsKnowsBigsNextPoorPovertyRichBottomMealsBarriersLayersSchooling Author:Amartya Sen
“The bottom half of humanity is living in severe poverty; not all of them are malnourished or severely deprived now, but they are extremely vulnerable to even small upsets in their income or in the prices they face of basic necessities, and when something like this happens, they can be thrown off kilter in terms of a disease of a family member or a change in food prices; anything like that can throw them into destitution.” HappensFacesHumanityTermHalfPovertyMembersDiseaseBottomIncomeVulnerableUpsetThrownSevereDeprivedFamily Members Author:Thomas Pogge
“The bottom quarter of the human population has only three-quarters of one percent of global household income, about one thirty-second of the average income in the world, whereas the people in the top five percent have nine times the average income. So the ratio between the averages in the top five percent and the bottom quarter is somewhere around 300 to one - a huge inequality that also gives you a sense of how easily poverty could be avoided.” PeopleWorldGivingHumansThreePovertyFiveHugePercentBottomAveragePopulationNineIncomeInequalityThirtyQuartersHouseholdAvoidedRatiosHuman Population Author:Thomas Pogge
“Given the total income and wealth available in the world today, we could easily overcome poverty, which would require raising the share of the bottom half from three to roughly five percent. Unfortunately, the trend is going in the opposite direction.” WorldTodayThreeGivenWealthHalfPovertyFiveSharePercentOppositesOvercomingBottomAvailableIncomeTrendsWorld Today Author:Thomas Pogge
“Poverty persists, essentially, because the people at the bottom - the bottom quarter and also the bottom half - see the gains from the rising global average income wiped out by severe declines in their relative share.” PeopleHalfPovertyShareGainsBottomAverageIncomeRisingRelativeQuartersDeclinePersistSevere Author:Thomas Pogge
“To be a poor man is hard, but to be a poor race in a land of dollars is the very bottom of hardships.” MenHardPoorRacePovertyLandDollarsBottomHardshipBlack HistoryPoor ManBlack History MonthEnding PovertyBlack History Month InspirationalRiches And Poors Author:W. E. B. Du Bois