In the beginning of his book, The End of Poverty (2005), Sachs announces a sad truth: “…more than eight million people around the world die each year because they are too poor to stay alive.” (p. 1), and makes a major appeal to our generations’ consciousness to take actions and stop this drift, which he believes it’s possible in our lifetime, more precisely, by 2025. His statement is sustained by a research he has done along the years looking at humanity’s economical and political progress in the past two hundred years that followed the Industrial Revolution, which started in Great Britain. By looking back in history, he says, we can understand how some countries managed to grow economically and socially and also why others didn’t. The countries that live in an extreme poverty now, had a bad history (they were exploited by colonial powers), faced geographical barriers and finally made erroneous choices in their national policies, they never caught up with this wave of techn...
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...he uneven distribution of wealth makes more difficult a progress into taking any real action against extreme poverty. With a wider gap between classes (the rich become richer and the poorer become poorer) in the developed countries, there will be less interest to provide effective aid even though it exists. Will then the richer do something about it? Piketty’s conclusion of his book, written by Krugman, “ (…) with a call to arms–a call, in particular, for wealth taxes, global if possible, to restrain the global power of inherited wealth” is a controversial one (p. 8). A new way of thinking has emerged which could hopefully bring positive revolutions not only in our society’s economic views but also more clear actions towards eliminating extreme poverty.
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