THE FORM OF POVERTY UNDER CAPITALISM HAS MANY DIMENSIONS
IN INDIA, JUST NOT FOODGRAINS, UNIVERSAL EMPLOYMENT IS ALSO NEEDED
2024-06-28 10:53
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Poverty is taken to be a homogeneous phenomenon irrespective of the mode of production that is under consideration. Even reputed economists believe in this homogeneous conception of poverty. In fact, however, poverty under capitalism is entirely different from poverty in pre-capitalist times. Even if for statistical purposes poverty is defined as lack of access to a set of use-values that are essential for living irrespective of the mode of production, the fact remains that this lack is enmeshed under capitalism within a set of social relationships that are sui generis and different from earlier. Poverty under capitalism thus takes a specific form associated with insecurity and indignity that makes it particularly unbearable.