Wealth and Poverty: A New Edition

Running head: ASPECT OF WEALTH AND POVERTY
ASPECT OF WEALTH AND POVERTY
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ASPECT OF WEALTH AND POVERTY
Poverty is regarded as a complex multi-dimensional issue which has its origins in the
national as well as international domains. However, there is a lack a simple and uniform
explanation of it. On the other hand, country-specific programs to deal with poverty along
with the equivalent process of generating a supportive international setting are essential to
resolve this problem (Gugushvili). The understanding of roots of poverty and wealth are an
indicator of the professed impartiality of the distribution of earnings and wealth. These
indicators illustrate whether or not the stratification arrangement is perceived to be
functioning as per the meritocratic principles. The thesis statement of the essay is “majority
of poor nations are confined and incapable of seeking ways to get rid of poverty.”
Malala Yousufzai in her book ‘I am Malala’ has mentioned that education must be
reinforced to weaken the causes of poverty. By suppressing the attainment of education from
specific groups within a society, critically hinders development and intimidates peace and
spreads poverty (Yousafzai). These principles broadly apply to the Western cultures in which
education is seen as the initial indicator for eradicating poverty, decreasing corruption and
violence in disadvantaged neighborhoods. In her opinion, in Western nations, it is
unimaginable that women can be excluded from education. Yousafzai shared that in Pakistan,
about a fifth of the inhabitants lives below the poverty line. With attainment of proper
education they can not only achieve wealth but also empowerment. Moreover, the public
reactions to the occasions of Malala’s life sheds light on the portrayal of a young, brave
Muslim woman whose live tends to get difficult by an extensive analysis of additional forms
of violence like the drone attacks by the U.S, poverty, conflict in addition to social and
political conflicts as well as violence that occurs secretly, within families or societies.
Furthermore, Yousafzai has thrown light on the economic limitations that have created the
deficiency of intervention of women in her society. Her book has mentioned about a young
girl who sold fruits on the roadside and deprived of all educational facilities due to lack of

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ASPECT OF WEALTH AND POVERTY
economic resources which consequently restricted her chances of advancement in future.
Moreover, the comprehensive analysis of the book demonstrates that poverty confines
women’s autonomy and opinion. Bonal by deriving insights of the book has been mentioned
that only through proper attainment of education thee poor women would be able to receive
economic independence and contribute to formal economy.
Meanwhile, the opportunity theory is seen as a response to the aspect of poverty.
According to Gorski, the opportunity theory of poverty claims that individuals experience
poverty since have restricted or inadequate human capital and limited accessibility to
prospects as compared to the financially affluent sections. Under the opportunity theory of
poverty, the social system is organized and controlled in a way that supports certain in
development and prosper. At this juncture, Rani has indicated that the American social
system is organized with an agenda of restricting particular groups’ accessibility to resources.
It has further been argued that even though the United States social structure delivers
opportunities for people to attain the American reverie, economically deprived and
marginalized groups have inadequate access to financial resources for attaining these goals.
Another author named Sachs in his book has provided adequate historical viewpoint
on poverty in a generic sense as well as in the form of a contextual on the case studies of
particular nations in order to persuade the readers of the reliability of his scholarship.
Furthermore, it has been claimed that fragmentary attitudes which consider single factors in a
national economy have lesser propensity to have significant impacts on development.
However, it has been accepted that certain interventions related to oral rehydration therapy in
addition to distillation of chemical fertilizers can direct people to the path of improved health
in addition to augmented agricultural production and wealth. In the perspective of Sachs, The
concept of equality differs tremendously from one country to another. On one hand, the
people of wealthy nations can capitalize on their huge quantities of resources and further