A Quote by Jacqueline Novogratz
Poverty is not only about income levels, but for lack of freedom that comes from physical insecurity
Related Quotes
Poverty is not only about income poverty, it is about the deprivation of economic and social rights, insecurity, discrimination, exclusion and powerlessness. That is why human rights must not be ignored but given even greater prominence in times of economic crisis.
Political and economic insecurity inevitably translates into insecurity in people's everyday lives, from lack of access to welfare to the increasing lack of security in the workplace.
While easy to understand, the income-based poverty line has limitations. Specifically, the median monthly household income measures only income without considering assets.
Labour ministers often look puzzled when reports show that Britain has one of the lowest levels of social mobility in the developed world. They just don't get it. They see poverty, inequality, fairness, as all about income. For the past 12 years, they have relied on tax credits to solve this. But tax credits do not solve poverty: they mask it.
The only freedom that is of enduring importance is the freedom of intelligence, that is to say, freedom of observation and of judgment, exercised in behalf of purposes that are intrinsically worth while. The commonest mistake made about freedom is, I think, to identify it with freedom of movement, or, with the external or physical side of activity.
Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people.
Low-income people everywhere will be at risk of food insecurity due to loss of assets, absence of alternative livelihood options and lack of adequate insurance coverage from extreme weather events.
There is no such thing as perfect security, only varying levels of insecurity.
War is not the only form of violence imposed on people through inadequate social arrangements. There is also hunger, poverty and scarcity. The use of money and the creation of debt fosters economic insecurity, which perpetuates crime, lawlessness and resentment. Paper proclamations and treaties do not alter the facts of scarcity and insecurity, and nationalism tends only to propagate the separation of nations and the world's people.
Given the relativity concept, poverty cannot be eliminated. Indeed, an economic upturn with a broad improvement in household income does not guarantee a decrease in the size of the poor population, especially when the income growth of households below the poverty line is less promising than the overall.
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.
In today's world, people experience two types of poverty: the poverty caused by lack of food, clothing and shelter, and the poverty caused by lack of love and compassion. Of these two, the second type needs to be considered first because if we have love and compassion in our hearts, then we will wholeheartedly serve those who suffer from lack of food, clothing and shelter.
The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income.
Poverty is not just a material problem. Poverty is something wider: it is about powerlessness, about being deprived of basic opportunities and freedom of choice.
Government programs aim at getting money for poor people. Our hope was that knowledge would in the long run be more useful, provide more money, and eventually strike at the system-causes of poverty. Government believes that poverty is just a lack of money. We felt, and continue to feel, that poverty is actually a lack of skill, and a lack of the self-esteem that comes with being able to take some part of one's life into one's own hands and work with others towards shared-call them social-goals.
Failure is not about insecurity. It's about lack of execution.
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