Apr 26, 2007
Poverty: A global problem
Millions of people across the globe are engaged in a daily struggle against poverty. While some people see work as a way out of poverty traps, some see entrepreneurship as the principal arsenal with which to fight poverty traps. The latter are those who see work as an unsatisfactory response to deprivation. Simple work, they argue, does not allow room to unlocking one’s entrepreneurial abilities. The poor should be encouraged to do for themselves rather than wait for their governments to give them food stipends. The question is, how possible is it for nation-states, which have become part of the global web, to combine national resources in a bid to combat material poverty in this globalised world?