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Author Topic: Is poverty a lack of money?  (Read 1544 times)
TheGreatPython
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June 21, 2023, 04:44:09 PM
 #161

According to Investopedia,

Quote
The term poverty refers to the state or condition in which people or communities lack the financial resources and essentials for a minimum standard of living.
Based on this definition,  poverty can not be restricted to the financial wellbeing of a person, it can also boarder around the lack of basic needs such as food, access to education, lack of access of good healthcare etcetera.
Not having access to good education, proper and good healthcare, a good living standard, and much other stuff probably falls under the category of poverty. Those who only have their basic needs fulfilled are not out of poverty unless they have access to all the things I've mentioned and many more that a poor cannot have access to, and none of these things can be accessed without money these days, so directly or indirectly, lack of money should be considered poverty.

We can see a lot of people who earn a very minimum wage, but with that wage, they get the basic needs of their household fulfilled, can we say that they are not poor? When someone in their household gets sick, they can't go to a good hospital, their children can't get proper education, why? Because they don't have money and all these things are only accessible if you have money.

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bbigtart
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June 21, 2023, 05:42:53 PM
 #162

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. 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?
when talking about poverty, in general people will look at the ability of people to meet their basic needs, such as food, shelter, education, health care and being able to pay electricity bills. If he has the ability to meet this most basic of needs, then I don't think it's poverty.

So naturally, if you say that you have no money, it doesn't mean that you are poor if their needs are met, especially if you are cultivating your own crops in a rural area. This might make sense, but it is very different if you live in a city where money is everything because everything has to be paid for using money. Besides that, the cost of living in the village and in the city is very much different.

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June 21, 2023, 06:03:56 PM
 #163

We know the economic status of people in three ways, one is the lower class or the poor, the other is the middle class and the other is the upper class. By low class or poor, we mean those who are daily laborers or van drivers or rickshaw drivers who do not have any land of their own and that means their family depends on their daily earnings, we call them poor families. But those who are engaged in agriculture and who have their own land and spend their life cultivating their own land are not poor in real sense. Because every farmer has cows in his farm and crops in his land then how can they be poor. A farmer not only consumes his own commodities but also sells those commodities in the market a farmer is never poor.

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June 21, 2023, 08:01:28 PM
 #164

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. 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?
you must be able to distinguish between poverty or those who are financially free and live simply.

i have an uncle who has a life like this (live simply and financially free), he already has everything even he has a lot of houses, cars and businesses that run on autopilot, he and his wife choose to live in the suburbs and only once a week go to the city to check on their business.  he once told me why there are still so many people who feel deprived, he answered it's all because of their lifestyle that doesn't suit their opinion and also why there are so many poor people, it's all because they are lazy to think and take risks.

broadly speaking, being poor means "not having money" but in my opinion poor is a "mental problem"

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June 21, 2023, 08:26:54 PM
 #165

The poorest person is living in poverty. Also, not all poor persons are living in poverty. Why am saying so is because when a person has lost the ability to think creatively to better himself and surrounding, that's poverty of the mind and whatever be the state of the mind is often the state of our physical reality.
Meanwhile being poor can be the absence of resources at the moment, but with a hopeful mind, an open mind, a thinking mind, things can become much better.

Poverty is the lack of money in almost all cases, but lack of creative thoughs, lack of action when the time comes, lack of bravery to face fears also contribute to the poverty quota.

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June 21, 2023, 08:29:04 PM
 #166

We can see a lot of people who earn a very minimum wage, but with that wage, they get the basic needs of their household fulfilled, can we say that they are not poor? When someone in their household gets sick, they can't go to a good hospital, their children can't get proper education, why? Because they don't have money and all these things are only accessible if you have money.
They are still classified as in poverty if their income or minimum wage is only sufficient for the basic needs of their household, but if their income is able to meet more complex basic needs such as food, proper housing, education, access to health services and others, then it is perhaps indicating that they are not poor. Each particular country has government regulations specializing in free medical expenses for the poor so that all the poor will really help with government programs without having to use their savings for treatment in hospitals affiliated with the government.

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June 21, 2023, 09:08:34 PM
 #167

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. 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?
Well we have different sights about this matter for me living without money is the discription of poor,if you don't have money you also didn't have anything because everything has a price, rice,water,gas,electricity etc.,you need money to buy or pay this important thing to survive, also the important thing is the health many of us didnt know that heath is wealth if you have a lot of money and you also have many chronic sickness you are considered as poor.because even if you have money you cannot enjoy life and you will always go to hospital for the treatment and you money will maybe gone too soon.


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June 21, 2023, 09:15:19 PM
 #168

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. 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?
Well we have different sights about this matter for me living without money is the discription of poor,if you don't have money you also didn't have anything because everything has a price, rice,water,gas,electricity etc.,you need money to buy or pay this important thing to survive, also the important thing is the health many of us didnt know that heath is wealth if you have a lot of money and you also have many chronic sickness you are considered as poor.because even if you have money you cannot enjoy life and you will always go to hospital for the treatment and you money will maybe gone too soon.
We do need money in every move that we  do make or even simply on daily living on which it is true that everything you do use and consume does have its price and there's nothing free on this world.
Poor are considered to those people who doesnt have that sufficient when it comes to these things or even having a hard to achieve 3x meal a day which does signify that you are into this condition.
This is why on the time that you do see yourself to be wise on taking up some decisions on finding another source of income because if you dont then you would really be finding yourself on a very
tough decision on which it would really be just that normal that  you should really be needing to take step or else then you would really be like that forever and this is something that we dont
really like to happen.It is as matter of perseverance on making your life way more better.

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June 21, 2023, 09:16:27 PM
 #169

It depends on the view, someone might say poverty could be when you don't have resources for the most basic - eating, sleeping, drinkable water. I think that poverty starts from some kind of line where you can't provide to have some kind of average life, like the stuff beforementioned and some stuff thought as normal today - having a smartphone, a car or anything making your life not be a struggle for the basic needs which are much bigger than years before. As we evolve in technology, average living standards are raised and more people could be in the poverty range. You have made a good point for mentioning agrarian life(or not using money), but that shows that everything is relative as well. At the end of the day, there is always worse and always better, but basic needs should be fulfilled for every human being.

On other notes, poverty could also be lack of understanding, good will, information, knowledge and education but that is another topic which should also be questioned, especially today.
Your expansive perspective on poverty paves the way for profound dialogue. Truly, poverty surpasses the lack of funds; it's the incapacity to meet societal living standards. In a world driven by tech, the meaning of 'basic needs' is transforming, introducing a modern form of deprivation. This moves beyond the traditional shortage of sustenance or shelter, to the lack of technology and education.

Still, we must contemplate whether these new 'needs' genuinely enhance life, or just fuel the endless chase for 'more'. Our poverty discourse should investigate both financial and social deprivation, the latter inclusive of education, healthcare, and societal involvement.

Intellectual poverty, as you highlighted, deserves attention. The denial of knowledge and understanding risks spawning an 'intellectually impoverished' class. This unseen poverty form, frequently dismissed, is as harmful to growth as material poverty.

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June 21, 2023, 09:31:04 PM
 #170

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. 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?

I think not, if we can get everything we need, of course we are not poor, poor people are people who cannot buy the things they need, the necessities in question are basic needs such as food, electricity, and so on, when I can't buy a new car , apartments, expensive clothes, and so on then I'm not poor because those things are not needed.
We don't even need to have money for us to enjoy life. There are people in the villages that have properties and do not have physical cash that they can use to procure what they want. Any person that is can work on themselves and look for jobs that will able to foot there bills. Poverty is not a sin, it is tye ability for us to work on ourselves and make life better by gaining skills that we can later use to get the kind of job that we want. Poverty is like a disease that will tell us to improve in anything we are doing so that we can struggle to get a work that will fetch us moeny to feed and pay bills.









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June 21, 2023, 09:39:35 PM
 #171

Not able to fulfill basic needs is considered poverty. Only having items to survive does not mean that you are out of poverty. Living under the baseline of average income is also considered poverty.
So let me explain it in a bit of detail. So you are living on your own and growing your foods and, let's say, making your own clothes, getting drinking water naturally. Those are the things you need in order to survive, right? So tell me this, what are you going to do when you get sick and needs to see a doctor? Aren't you in need of money here? Also, about education. Lacking the ability to meet the basic needs is the definition of poverty.
To some, not getting anything that is required to survive is considered poverty. Some may see it as a lack of earnings, or not getting the opportunity to make the average income. And there are some people who lack in education, treatment, and food is also considered poverty.
Based on place or people and their needs, poverty has different meaning. So just to say that it is only the lack of money is not acceptable.
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June 21, 2023, 09:41:15 PM
 #172

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. 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?
Let’s just accept the fact that money will always be a necessity regardless if you have everything you need around. Because even if we are provided all the resources for survival, but if we don’t have good amount of money, then life will still be less fulfilling. Although I can say you’re not living in poverty if you are provided with all the resources in life, but as money becomes an essential these days, then living without it still makes a big difference.

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June 21, 2023, 09:58:07 PM
 #173


Poverty can also include limited access to education, medical care, adequate housing and other resources and opportunities that are considered essential for a life in dignity.  Furthermore, poverty is not just about the material aspect, it can also be about social isolation, lack of job opportunities and exclusion from society.


Of course, poor people are generally careful to spend all the money they earn in an effective and minimalist way to survive. For this reason, they stay away from activities in terms of education, social life, health and culture. The main reason for this is that they do not prefer to spend their money on such areas in order to continue their lives.

On the other hand, poverty is also a major obstacle to socializing because the poor who live in a minimalist way continue their lives with very limited or no spending for their habits such as social activities or hobbies.

Also, I think that poverty restricts people both professionally and in business life. In fact, the importance of dressing in various occupational groups or the existence of a certain education level conditions also provide occupational restrictions for poor people.
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June 21, 2023, 10:01:03 PM
 #174

Well, if there is a rich someone who is willing to pay normal money for you, then you will not be poor at all and poverty is not about you Wink Also, money can be just one of the elements of prosperity and if you have the opportunity to receive goods and services directly without the mediation of money, then you can do without money. However, there will still be some element of artificiality in this, because somewhere in your connection there will still be money, although it will not concern you directly.
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June 21, 2023, 10:56:31 PM
 #175

I think not, if we can get everything we need, of course we are not poor, poor people are people who cannot buy the things they need, the necessities in question are basic needs such as food, electricity, and so on, when I can't buy a new car , apartments, expensive clothes, and so on then I'm not poor because those things are not needed.

And you also will not be considered rich by other people if you can only meet the basic needs to live life, because other people will consider you rich when you are able to get a new car, apartment, expensive clothes, and so on which indeed can also enter into basic needs for some people. For example, like the vehicle and residence that you mentioned, everyone definitely needs a vehicle even though it's not a new one and also a place to live like an apartment even though some people are just more comfortable with owning a house.

This means that vehicles and housing have also become the main things for everyone to live more comfortably, even if you don't consider these two things as the main things because maybe you don't need them now. But someday, you will definitely need your own place to live and your own vehicle when you want to live a better life.
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June 22, 2023, 04:59:11 AM
 #176

And you also will not be considered rich by other people if you can only meet the basic needs to live life, because other people will consider you rich when you are able to get a new car, apartment, expensive clothes, and so on which indeed can also enter into basic needs for some people. For example, like the vehicle and residence that you mentioned, everyone definitely needs a vehicle even though it's not a new one and also a place to live like an apartment even though some people are just more comfortable with owning a house.
The definition of wealth is identical to what you convey and it is always impossible to calculate one person's wealth against another. I live in a humble neighborhood and most people are considered rich when they own houses, cars and expensive clothes, but when we live in a much more elite environment this wealth is truly priceless compared to what we have. Wealth in my view is the extent to which people can live comfortably, calmly and not get involved in debt everywhere, but when it comes to wealth with money, assets and companies it will be different again.

Others consider wealth to be whatever they own but are not involved in loan debt. For example buying a car, house and others by not having debt. However, people's views will always differ in defining wealth because there is always a comparative value between one person and another.

This means that vehicles and housing have also become the main things for everyone to live more comfortably, even if you don't consider these two things as the main things because maybe you don't need them now. But someday, you will definitely need your own place to live and your own vehicle when you want to live a better life.
Vehicles and houses are necessities, everyone needs them now to support work and housing is a place to live that is much needed as a guarantee of a decent life. It's just that the difference between luxury or not can be adjusted to the amount of one's income and most importantly not forced to buy beyond their means.

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June 22, 2023, 05:55:40 AM
 #177

In a city that all things have to be paid with money, of course, makes us have to have a lot of money, but in my country there are still many places of money, it feels very difficult to find, but almost all the basic needs of life can be easily obtained, for example a farmer who has a rice field and a fish pond, raising a goat Or chicken, almost all the necessities of life for the consumption of vegetables and protein can be met.
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June 22, 2023, 04:26:56 PM
 #178

-snip-
Your expansive perspective on poverty paves the way for profound dialogue. Truly, poverty surpasses the lack of funds; it's the incapacity to meet societal living standards. In a world driven by tech, the meaning of 'basic needs' is transforming, introducing a modern form of deprivation. This moves beyond the traditional shortage of sustenance or shelter, to the lack of technology and education.

Still, we must contemplate whether these new 'needs' genuinely enhance life, or just fuel the endless chase for 'more'. Our poverty discourse should investigate both financial and social deprivation, the latter inclusive of education, healthcare, and societal involvement.

Intellectual poverty, as you highlighted, deserves attention. The denial of knowledge and understanding risks spawning an 'intellectually impoverished' class. This unseen poverty form, frequently dismissed, is as harmful to growth as material poverty.
Well, I do like to look at things from different spectrums, not just one side of the topic.

You are completely right, we should really focus on separating real needs from other things that aren't obligatory to our existence. Even though most people have some things they 'can't live without' it's not real poverty as those can be looked more as luxury than a need - especially when we have so many different products and modern day addictions today.

I think intellectual poverty can be very dangerous today, from people who just can't obtain education or information to ones who do not want it at all. People are more and more ignorant and do not want to gain knowledge, even if it could open a lot of paths which are now closed. On the other hand, lack of education could make it really hard for living and working in the todays world, which is a catastrophe to those who cannot or will not adapt to modern times.

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June 22, 2023, 04:32:11 PM
 #179

You have an interesting perspective on poverty. I think poverty is not only about material needs, but also about social and emotional well-being. Some people may have all they need to survive, but they may lack opportunities, education, health care, or human rights.

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June 22, 2023, 04:36:28 PM
 #180

By poor we basically mean those who do not have wealth, the poor cannot eat properly due to lack of money, they are poor. But nowadays many people are living with poor but lack of poverty despite their money. A poor person can never be happy because he spends his whole life suffering because all his needs are not met. A country's government helps a poor person by distributing various reliefs. But still their lack of poverty does not go away as the lack of either one remains. But I think a person can never be poor when he is full of wealth and money.

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