Capitalism and Poverty

A serious commitment to end poverty and its costly social effects requires us to face that capitalism has always reproduced widespread poverty as the other side of profits for a relative few.  No wonder such a system has provoked Occupy Wall Street and so many of its signature slogans and demands.

Poverty is one result of this capitalist type of enterprise organization.  For example, corporate decisions generally aim to lower the number of workers or their wages or both.  They automate, export (outsource) jobs, and replace higher-paid workers by recruiting domestic and foreign substitutes willing to work for less.  These normal corporate actions generate rising poverty as the other side of rising profits.  When poverty and its miseries “remain always with us,” workers tend to accept what employers dish out to avoid losing jobs and falling into poverty.

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About Giorgio Bertini

Research Professor. Founder Director at Learning Change Project - Research on society, culture, art, neuroscience, cognition, critical thinking, intelligence, creativity, autopoiesis, self-organization, rhizomes, complexity, systems, networks, leadership, sustainability, thinkers, futures ++
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