Golden Age of Poverty Reduction Essay

  Ã‚  Ã‚  Ã‚   The presentation of the article related to poverty reduction does not seem too optimistic whether the global aim was actually achieved. Basically, the main argument is that poverty reduction provides only the rate of presented resolutions to alleviate the problem. However, the real figures of people under poverty are not really reflected. As time forwarded from the late 19th century up to the present, there was an actual development of social welfare services especially in the health care sector. This prompted world populations to increase and obtain extended life expectancies. But the issue of disparity between the rich and the poor was not really reduced but worsened. The main factor to blame is the capitalists’ attitude towards profitability. They fuel growth in economies but also become the catalyst for the social inequalities to expand. To summarize the main argument, general poverty incidences could have been reduced more if economic inequality had not worsened (The Free Library, 2006). References The Free Library. 2006. Today’s golden age of poverty reduction: the story the World Bank and other agencies don’t want you to know. International Economic Publications. Retrieved January 27, 2008 from http://www.thefreelibrary.com/Todays+golden+age+of+poverty+reduction:+the+story+the+world+bank+and+†¦-a0146175404