Post
Topic
Board Economics
Re: Is poverty a lack of money?
by
Framelover
on 30/06/2023, 22:39:03 UTC
I see poverty as the inability to provide what you need. So when people assume that poverty is when you don't have money I don't agree.
Not being unable to meet one's fundamental needs such as for food, shelter, and clothing is poverty. Poverty comes in many forms. Even if one's fundamental requirements are satisfied without the need for money, poverty may still exist due to lack of access to chances for personal and economic development, healthcare, and education, among other things.


Now what if you have all you need and you don't require money to buy anything, are you poor? Some people live in communities where everyone lives agrarian life. They have all they need because everything they need to survive is available. Food is on the farm, water available and everybody is happy. Although it was hard during the Covid-19 lockdown many people lived without money. I have also seen many people leaving cities and moving to rural areas to live a natural life.

In summary when you have everything you need to survive and you don't need money, are you poor?
As location, finances, and personal circumstances all differ widely, it may not be possible for everyone to thrive in a self-sustaining society.