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Poverty Quotes

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Poverty Quotes

“A decade ago, critics suggested biotech crops would not be valuable in the developing world. Now 90 percent of farmers who benefit are resource-poor farmers in developing countries. These helped alleviate 7.7 million subsistence farmers in China, India, South Africa, the Philippines from abject poverty.”

“The popularity of the famous device of the use of lands into England is said to be largely due to the mendicant friars of the then new Orders of St. Dominic and St. Francis, who, arriving in this country, in the first half of the thirteenth century, found themselves hampered by their own vows of poverty, no less than by the growing feeling against Mortmain in acquiring the provision of land absolutely necessary for their rapidly developing work.”

“24.9 percent of American children live in poverty, while the proportions in Germany, France and Italy are 8.6, 7.4 and 10.5 percent. And once born on the wrong side of the tracks, Americans are more likely to stay there than their counterparts in Europe. Those born to better-off families are more likely to stay better off. America is developing an aristocracy of the rich and a serfdom of the poor - the inevitable result of a twenty-year erosion of its social contract.”

“Polak, a psychiatrist, has applied a behavioral and anthropological approach to alleviating poverty, developed by studying people in their natural surroundings. He argues that there are three mythic solutions to poverty eradication: donations, national economic growth, and big businesses. Instead, he advocates helping the poor earn money through their own efforts of developing low-cost tools that are effective and profitable.”

“Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation - microfinance - involves making small loans to poor entrepreneurs, usually in developing countries.”