INDEV100 Lecture Notes - Lecture 3: Capability Approach, Social Exclusion, Environmental Degradation
31 Oct 2018
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Document Summary
Poverty is a human condition characterized by the sustained or chronic deprivation of the resources, capabilities, choices, security and power necessary for the enjoyment of an adequate standard of living and other civil, cultural, economic, political and social rights. It results from the lack of human, physical and financial capital needed to sustain livelihoods and from inequities in access to, control of, and benefits from political, social or economic resources. Ethical reasons for reducing poverty: environmental degradation is reduced, productivity increases with a healthy population, social conflict reduction contributes to democracy and social stability. It could be an answer to the fight against terrorism and other forms of extremism. There are four approaches to the understanding of poverty: Income/consumption (dollar value benchmark) (ic: capabilities (ca, social exclusion (se, participatory assessment (pa) This is the lack of means to purchase basic goods and services. It refers to the inadequate access to basic goods such as food and water.
