7

• Social inequality


  • Lack of access to natural and societal resources
  • A denial of choices and opportunities
  • Lack of basic capacity to participate effectively in society
  • Unequal, ineffective, and inefficient allocation of goods and services
• Poverty


  Lack of adequate financial resources such that individuals, households, and entire communities don't have the means to subsist or acquire the basic necessities for a flourishing life
• Classification of Poverty

  • Absolute or Extreme Poverty
  • Relative Poverty
• Absolute or Extreme Poverty


  Severe deprivation of the basic necessities of life
• Relative Poverty


  Inadequate access to goods and services in relation to the standards within a particular country
• Types of Poverty

  • Rural Poverty
  • Urban Poverty
• Rural Poverty


  Mainly associated with people living outside the cities and towns, in an agricultural setting
• Urban Poverty


  Closely linked with cities and towns with big populations
• Programs in Alleviating Poverty


  • Provide Better living Conditions for the poorest segment of society
  • Livelihood projects
  • Education development
  • Feeding Program or medical mission
  • Microfinance for small-scale livelihood
  • Enterprise projects
  • Community driven development initiatives
  • Promotion of education, science and technology, population development, and natural resources sustainability projects
• Conditional Fund Transfer Program


  The government (or any private entity) would provide cash to families living in absolute or relative poverty given that they meet certain criteria
• Other Forms of Social and Political Inequality

  • Gender Inequality
  • Ethnic Minorities
  • Persons with Disabilities
  • Global Inequalities
• Gender Inequality


  Girls and women across the country are experiencing discrimination in areas of health, education, political presentation, labor market and others
• Ethnic Minorities


  Girls and women across the country are experiencing discrimination in areas of health, education, political presentation, labor market and others
• Persons with Disabilities


  10% of the world's population live with disabilities, and are more likely to be victims of discrimination, violence, rape
• Global Inequalities


  Staggering difference between the rich, the middle class, and the poor populations of the world, which demoralizes people and poses extreme differences in standards of living
• Ways to Reduce Inequality through Economic Democracy


  • A Check on Illicit Outflows
  • A Progressive Income Tax
  • A Global Wealth Tax
  • A Living Wage
  • The Right to Organize
  • An End to Labor Abuses
  • An Open and Democratic Trade Policy
  • A New Economics
• A Check on illicit Outflows

  In developing countries, inadequate resourcing for health, education, sanitation, and investment in the poorest citizens drives extreme inequality
• A Living Wage

  Governments should establish and enforce a national living wage. Corporations should also prioritize a living wage for their own workers and for the suppliers, buyers, and others with whom they do business
• An End to Labor Abuses

  Companies worldwide are also replacing what was once permanent and stable employment with temporary and contingent labor
• An Open and Democratic Trade Policy

  Negotiating international trade agreements behind closed doors with only bureaucrats and corporate lobbyists present has to end
• A New Economics

  Economists are often imagined as stuffy academics who value arcane economic theory above humanitarian values. Thankfully, there's a movement among economics grad students and scholars to reimagine the discipline. As they acknowledge, we clearly need a new economics that works to improve the lives of everyone, not just those already well off
• Five Reasons Why We Need More Equality

  • Health
  • Social Relationships
  • Human Capital Development
  • Economic Progress and Stability
  • Sustainable Economies