Capitalism is very powerful and creates large amounts of wealth.
Capitalism does not give money to poor people.
FlaviousTiberius on
City of London* is one of the world’s richest countries
gt94sss2 on
It’s basically because they are using „relative poverty“ to measure it, which is impossible to eliminate due to its definition.
The children are not living in absolute poverty which is what most people think when they talk of poverty.
Harmless_Drone on
Because wealth and income increases don’t matter when wealth and income inequality is so bad no one below the top 10% sees it.
It’s why people are, generally speaking, very tired of „we’re good for the economy“ style arguments because proudly boasting that billionaires got 40% richer, or hedge funds made record profits doesn’t really make people happy with you when they’ve seen their wages fall in real terms for 5 years straight and inflation is at a record high.
Gullible_Studio_6548 on
Is poverty these days kids not having the latest technology? This article makes it sound like they live in the slums or go to school in rags. Many families struggle but I’m not sure poverty is like it was years ago.
spinosaurs70 on
Relative poverty is a terrible measure for global comparisons, let us please stop doing it.
AnninaCried on
Wealthy people can buy all the resources and then rent them to people who couldn’t.
MermaidPigeon on
Maybe because people that can’t afford children (choose) to have children
Kassdhal88 on
Because the wealth of the UK is based on being Europe finance and corporate capital… which it cannot be anymore post brexit.
Asleep-Ad1182 on
Britain is not a country, and even if it was, it wouldn’t be one of the world’s richest countries.
Jurassic_Bun on
It’s articles like this that have people convinced the country is hell right now.
Relative poverty can not be eliminated due to it’s definition. News on the UK has been insanely negative for a while now, bordering on obsessive.
There are massive issues in the UK that we could really focus on and get sorted but the media has us convinced the UK is doomed. Of course things could be better but it’s definitely not as bad as you’d think.
That said it’s likely all a goal to get a government like Farage, something the corpos would love nothing more.
Undermine the economy so people believe there is nothing to ask for, erode trust in government so people feel it’s hopeless, sow division to weaken the populace and have them attack each other, stoke the flames to enable a populace leader who will weaken the institutions that protect the populace. Ensure profit, control and influence for your corporation for the foreseeable future.
MattDubh on
Because they vast majority of the wealth in in the possession of a tiny fraction of the population. Isn’t this common knowledge?
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Capitalism is very powerful and creates large amounts of wealth.
Capitalism does not give money to poor people.
City of London* is one of the world’s richest countries
It’s basically because they are using „relative poverty“ to measure it, which is impossible to eliminate due to its definition.
The children are not living in absolute poverty which is what most people think when they talk of poverty.
Because wealth and income increases don’t matter when wealth and income inequality is so bad no one below the top 10% sees it.
It’s why people are, generally speaking, very tired of „we’re good for the economy“ style arguments because proudly boasting that billionaires got 40% richer, or hedge funds made record profits doesn’t really make people happy with you when they’ve seen their wages fall in real terms for 5 years straight and inflation is at a record high.
Is poverty these days kids not having the latest technology? This article makes it sound like they live in the slums or go to school in rags. Many families struggle but I’m not sure poverty is like it was years ago.
Relative poverty is a terrible measure for global comparisons, let us please stop doing it.
Wealthy people can buy all the resources and then rent them to people who couldn’t.
Maybe because people that can’t afford children (choose) to have children
Because the wealth of the UK is based on being Europe finance and corporate capital… which it cannot be anymore post brexit.
Britain is not a country, and even if it was, it wouldn’t be one of the world’s richest countries.
It’s articles like this that have people convinced the country is hell right now.
Relative poverty can not be eliminated due to it’s definition. News on the UK has been insanely negative for a while now, bordering on obsessive.
There are massive issues in the UK that we could really focus on and get sorted but the media has us convinced the UK is doomed. Of course things could be better but it’s definitely not as bad as you’d think.
That said it’s likely all a goal to get a government like Farage, something the corpos would love nothing more.
Undermine the economy so people believe there is nothing to ask for, erode trust in government so people feel it’s hopeless, sow division to weaken the populace and have them attack each other, stoke the flames to enable a populace leader who will weaken the institutions that protect the populace. Ensure profit, control and influence for your corporation for the foreseeable future.
Because they vast majority of the wealth in in the possession of a tiny fraction of the population. Isn’t this common knowledge?