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Poverty

Chris Hedges: American Poverty Is A Calamity By Design

Some 50 million people in the United States live in poverty today—and over 108 million people survive on less than $55,000 a year. Despite having the largest economy on earth, poverty in the US is often grinding and brutal. From millions who live without running water or reliable power, to countless children who experience food insecurity and homelessness. The data on poverty only becomes exacerbated when race is taken into account. In 2019, the median White household had a net worth of $188,200, compared with $24,100 for the median Black household. Matthew Desmond joins The Chris Hedges Report to discuss his new book, Poverty, by America

World Needs A New Development Theory That Does Not Trap The Poor In Poverty

In June, the United Nations’ Sustainable Development Solutions Network published its Sustainable Development Report 2023, which tracks the progress of the 193 member states towards attaining the seventeen Sustainable Development Goals (SDGs). ‘From 2015 to 2019’, the network wrote, ‘the world made some progress on the SDGs, although this was already vastly insufficient to achieve the goals. Since the outbreak of the pandemic in 2020 and other simultaneous crises, SDG progress has stalled globally’. This development agenda was adopted in 2015, with targets intended to be met by 2030.

Why Are There No Slums In China?

With over 20 million inhabitants each, Shanghai and Beijing are among the “hypercities” of the Global South, including Delhi, São Paulo, Dhaka, Cairo, and Mexico City, far surpassing the “megacities” of the Global North like London, Paris, or New York [1]. Walking the streets in China’s cities, you will however, quickly notice one marked difference – the absence of large slums or pervasive homelessness that is so common to most of the rest of the world. Slums were not uncommon in Chinese cities a few decades ago, from the precarious working class districts of 1930s Shanghai to the shanty towns of British-occupied Hong Kong in the 1950s onwards.

Rice Bowl Of The Chinese People Is Held Firmly In Their Hands

At the 2012 United Nations Conference on Sustainable Development held in Rio de Janeiro (Brazil), member states decided to replace the Millennium Development Goals (established in 2000) with Sustainable Development Goals (SDGs). The first SDG was to ‘end poverty in all its forms everywhere’. Despite the enthusiastic verbiage, it was clear that poverty was simply not going to be ended across the world. Even before the COVID-19 pandemic, the data showed that poverty had become intractable. In October 2022, the UN Development Programme and the Oxford Poverty and Human Development Initiative released its 2022 Global Multidimensional Poverty Index report, which showed that at least 1.2 billion people in 111 developing countries live in acute multidimensional poverty.

Tens Of Thousands Gather To Celebrate Fifth Anniversary Of AMLO’s Presidency

On Saturday, July 1, around 250,000 people gathered at Zócalo square in Mexico City to celebrate five years since the presidential victory of President Andrés Manuel López Obrador (AMLO). The citizens called AMLO’s victory as “the triumph of the people,” hailed the good work done by the AMLO government, and expressed their support for the Fourth Transformation of the country, led by AMLO’s ruling Morena party. This rally comes as the Morena Party is picking a new candidate for the upcoming presidential elections. Since assuming office, AMLO has taken significant steps in strengthening Mexico’s sovereignty and challenging the hegemony of the United States.

Five Facts About Producer Organizations And Rural Development

Producer organizations (POs) receive substantial attention and policy support, given their potential to contribute to pro-poor rural development. Here, we first synthesize decades of empirical research in the form of five stylized facts—common and largely unchallenged conclusions—about POs. Then, we explore these stylized facts using several secondary and primary data sets. We confirm some stylized facts, challenge others, and highlight which ones lack empirical evidence to derive policy implications and directions for future research. We highlight largely overlooked low and regionally biased participation rates and suggest that future research should pay more attention to the diverse forms and characteristics of POs.

WSJ Celebrates Making It Harder For Poor People To Access Food

After holding the economy hostage for months, some Republicans are going through a bit of a depressive slump. “We got rolled,” is how one Republican congressmember (Roll Call, 6/6/23) described the outcome of the debt ceiling negotiations. “It was a bad deal.” But don’t cry too much, guys! The Wall Street Journal is here to cheer you up, and remind you that, though you didn’t get all the austerity you wanted, you did get to hurt the poor a bit. Maybe not as much as you wanted, but life’s not always fair, is it? As the Journal’s editorial board (5/30/23) recently wrote: “One reason the deal is worth passing: The provisions on work and welfare are incremental progress the GOP can build on.”

Can We Move Beyond Philanthrocapitalism?

While the many philanthropies of the world address social injustice, gender discrimination, and countless other issues, there is one topic that is off-limits to most of them: changing the capitalist system itself, the source of many problems that philanthropy aspires to solve. This conundrum is the focus of a new book, Post Capitalist Philanthropy, by Alnoor Ladha and Lynn Murphy, which is a bold inquiry into what they call “philanthrocapitalism." As Ladha puts it, “A few people have amassed so much wealth that they're now determining the agenda for a civil society. Ostensibly, we're told that this is for social benefit, but actually they're getting huge amounts of tax breaks, social and political power, and undermining democracy itself.

Nigeria Labour Congress Issues Ultimatum Over Fuel Subsidy Repeal

Nigeria - Last week, in his inauguration speech, the new Nigerian President Bola Tinubu announced that the widely-supported fuel subsidy would be removed. The Nigeria Labour Congress responded immediately, writing:  We at the Nigeria Labour Congress (NLC) are outraged by the pronouncement of President Bola Tinubu removing the “fuel subsidy’ without due consultations with critical stake holders or without putting in place palliative measures to cushion the harsh effects of the ‘subsidy removal’. The President's announcement sparked a rush on fuel purchases resulting in long lines at fuel stations. Al Jazeera reports that the removal of the subsidy will double or triple the price of gasoline in the nation where 133 million people live in poverty.

Nigeria Labour Congress ‘Outraged’ That New President Ends Fuel Subsidies

We at the Nigeria Labour Congress (NLC) are outraged by the pronouncement of President Bola Tinubu removing the "fuel subsidy' without due consultations with critical stake holders or without putting in place palliative measures to cushion the harsh effects of the ‘subsidy removal’. Within hours of his pronouncement, the nation went into a tailspin due to a combination of service shut downs and product price hike, in some places representing over 300 per cent price adjustment. By his insensitive decision, President Tinubu on his inauguration day brought tears and sorrow to millions of Nigerians instead of hope. He equally devalued the quality of their lives by over 300 per cent and counting.

Can Guaranteed Income Prevent Gentrification?

Louisville activist Cassandra Webb has been working to curb violent crime in her city for years. Cities United, the national nonprofit with which she works, has taken on the mission of violence reduction in the city from seemingly every angle: working with youth leaders at the ground level, convening a network of urban leaders and stakeholders, advancing place-based initiatives to align public and private resources with Louisville residents’ vision for reversing disinvestment in their communities. But increasingly, Webb says, it’s become clear to her that some of these problems can only be solved through money – specifically, cash flowing directly to Louisville residents every month through a guaranteed income program.

The Ugly Truth Behind ‘We Buy Ugly Houses’

Cory Evans was well-versed in the HomeVestors of America playbook when he arrived at a suburban Los Angeles home on Nov. 4, 2016. His franchise with the “We Buy Ugly Houses” company had executed more than 50 deals in the preceding two years. Patriot Holdings would soon become one of the company’s most successful franchises by following HomeVestors’ strategy of finding homeowners in desperate situations, then convincing them to sell quickly. The homeowner, Corrine Casanova, had bought the three-bedroom Baldwin Park bungalow with her husband in 1961 and now owned it outright. After raising three children there, she was days away from leaving it for an assisted living facility and had called the number on a HomeVestors ad.

The Poverty Trap

The key to economic development and ending poverty is investment.  Nations achieve prosperity by investing in four priorities. Most important is investing in people, through quality education and health care.  The next is infrastructure, such as electricity, safe water, digital networks and public transport. The third is natural capital, protecting nature.  The fourth is business investment.  The key is finance: mobilizing the funds to invest at the scale and speed required. In principle, the world should operate as an interconnected system.  The rich countries, with high levels of education, healthcare, infrastructure, and business capital, should supply ample finance to the poor countries, which must urgently build up their human, infrastructure, natural and business capital.

The United States Is Literally Sucking The Blood Of The Poor

You already know things are not good for a lot of people in the United States. As of two months ago, 64% of the country said they’re living paycheck to paycheck. Even if we exclude the million or so homeless across the U.S., recent data shows that approximately 5.3 million households are behind on their home mortgage payments. Another report from 2018 showed that around 130 million people in the U.S. admitted an inability to pay for basic needs like food, health care, housing, or utilities. And those numbers are before the pandemic began, which is like saying it felt hot in here before a fire burned down the building.

New Report: The Dollar Store Invasion

Dollar General, Dollar Tree, and Family Dollar are targeting vulnerable communities, opening stores at a breakneck pace in urban and rural areas alike. It’s tempting to assume that these chains simply fill a need in cash-strapped places. But the evidence suggests that dollar stores are not merely byproducts of economic distress; they are a cause of it. Through predatory tactics, the dollar chains are killing off grocery stores and other local businesses, leaving communities with fewer jobs, diminished access to basic goods, and dimmer prospects for overall well-being. As these losses mount, dollar stores are facing a rising tide of grassroots opposition.
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