Factors of Poverty
These are the factors that perpetuate poverty in the US and communities around the world
We have identified 25 common factors that perpetuate or are responsible for the widespread poverty across the globe and for the massive income inequality (including pathological inequality) and economic distress in both rich and poor countries.
Why Eradicating Poverty Has Proven Stubbornly Elusive for Half a Century
The remaining unprosperous people in our societies today face the most daunting challenges (than their peers over the last 40 years) to escape poverty and to overcome their unprosperousness (in the case of those not poor) because pernicious personal factors (mostly hidden) and complex institutional factors (cultural, local, national, and global) remain formidable barriers that appear to be insurmountable.
As we note elsewhere on our website, for the following reasons, poverty is highly complex, even for our 21st-Century technological and economic capabilities and the staggering wealth in our economies:
- A multitude of factors (see the list of over 25 factors of poverty below), not one or two or five, give rise to and perpetuate poverty in any given place.
- The majority of the unprosperous today have inherited their unprosperousness (which began centuries or decades ago) along with the mental and social impediments that stymied their parents and grandparents.
- The unprosperous have wide-ranging challenges and needs that complicate and hinder any effort to help them—including hidden epigenetic pathologies and related and unrelated psychological afflictions.
- Prosperity isn’t natural and is exceedingly unlikely under most circumstances, even with relentless hard work for those in privileged circumstances, let alone those with oppressive barriers.
The Factors of Poverty
To significantly alleviate poverty in any given community, we must eliminate all the major factors of poverty in that community simultaneously, or else poverty and crippling inequality will continue to devastate our communities. All the 25 factors of poverty don’t exist in every impoverished or economically depressed community, and some of the factors, even when present in a community, may or may not be among the original causes of poverty in that community. But we know that the factors either make poverty lasts indefinitely or they prolong economic distress for a majority of residents in the areas where the factors are found.
The factors of poverty follow:
- A lack of rewarding education for rewarding careers
- Insufficient rewarding careers—that is, middle- to high-income careers that people are proud of and enthusiastic to excel in
- Inferior and inaccessible K–12 education
- Insufficient cognitive bandwidth and time bandwidth for self-advancement
- Mass incarceration, which destroys families and obstructs generational progress
- Epigenetic pathologies such as lower IQ and predisposition to afflictions
- The coercive power of social facts (societal norms and pressures) stultifies ambitious entrepreneurial and career pursuits and ?? encourages unprosperousness
- Despair and hopelessness and "deaths of despair," due to pathological inequality—one's relative inferior economic standing and the pathologies it gives rise to
- Investors' and aid organizations' prejudice against the unprosperous: Investors and large aid organizations and foundations have proven time and again that they have no confidence in the unprosperous (in both developing and developed countries) to create their own successful medium and large businesses. For example, instead of providing the unprosperous with access to global markets and with the necessary patient financial capital for market-creating innovations and entrepreneurship, which could help to end poverty within a few short years in many regions of the world, the paternal bearer of capital and aid prefer to give the unprosperous just aid (medicine, food, clothing, low-paying jobs, etc.) or microloans, while they award those of the privileged class, mostly in the richest countries, with massive financial capital for entrepreneurship and innovation
- Drug addiction and drug trafficking (and reckless drug dispersion through legal institutions) and the related problems (crime, despair, community destruction, etc.) they trigger
- Lack of purpose or disinterest in a rewarding career or path to prosperity, likely due to live-fast-and-die-young biological mechanisms to adapt to hardship, scarcity, and crime
- Nonexistent or inferior or prohibitively expensive healthcare, which results in worsen mental problems and burdensome medical bills that often result in bankruptcy
- Depressed neighborhoods that invite wretchedness, provoke dejection, and discourage investment
- Insufficient mental health to perform to one's cognitive capacity
- Nonexistent or insufficient drug-addiction-recovery institutions
- Insufficient resources for the unable—those disabled or incapacitated or unable to work for any number of reason
- Inferior economic opportunities, such as no access to (or lack of basic qualification for) standardized banking, no access to financial capital for entrepreneurship, no chance of acceptance into elite universities, inadequate teachers, inferior job training, and no resources for innovation, to name a few
- National and local policies and laws that disproportionately favor the wealthy and hurt, not help, the unprosperous
- Crippling trade policies and loan terms between rich and poor countries
- Personal unenlightenment: That is, language, civic, economic, financial, cross-cultural, and early childhood development illiteracy
- Inter-group intolerance, conflicts, dissensions, and, too often, wars
- Cultural norms that spurn achievement or preclude economic advancement
- Discriminatory (by race, caste, class, gender, geography, tribe, culture, ethnicity, religion) practices and rules and laws that result in an inequitable distribution of wealth across generations
- Sophisticated and simple theft and plunder and mismanagement of countries’ resources and earnings
- Lack of structural factors for government management and business development (e.g., inadequate technology, poor transportation, nonexistent research and development, lack of governmental accountability and oversight, widespread corruption, lack of human capital in advanced subjects and industries, lack of financial capital)
- Colonial-era rules and laws and influences that continue to stifle group advancement and economic growth
AI Humanity builds technologies and programs and partners with corporations, organizations, and governments to eliminate the factors of poverty in the communities where we operate.