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11. Poverty
Definition:
The condition of having little or no wealth or material possessions;
indigence, destitution, want. In recent years, research tapping
the perspectives of poor people has recognized that poverty involves
a wider set of deprivations, including vulnerability and exclusion
from society, in addition to material destitution. Oxford
English Dictionary
What are some of the problems related to this issue?
Seventy-five percent of Mexico's population lives in poverty today,
compared with 49 percent in 1981, before Mexico underwent reforms
that paved the way for NAFTA-the North American Free Trade Agreement.
The number living in severe poverty (living on less than $2 a day)
has grown by four million since NAFTA began in 1994. Corpwatch
Extreme global poverty is at the root of many of the gravest challenges
facing the world today, and that its elimination is the single most
important step we can take in realizing a better future for everyone.
Seattle Initiative for Global Development
Globalization allows transnational corporations to produce goods
in developing countries, which creates extreme environmental decay,
out of sight from the consumers of these goods in developed countries.
Naomi Klein
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