Abstract

VALDES, Zoe Medina. Disclosing the Reasons for the Emphasis on «Combating Poverty» Nowadays. Econ. y Desarrollo [online]. 2018, vol.160, n.2, e7. ISSN ISSN.

During the last few decades, scholars, international institutions, and national governments have turned their attention to poverty and inequality. This has been clearly shown in an international debate thereon conducted from different theoretical and ideological points of view. The consensus is that there is a need to combat extreme poverty, but prevailing approaches thereto have focused mainly on how this manifests itself, and not on its causes. Causes of poverty and inequality were explained by Marx 150 years ago, when he formulated the General Law of Capitalist Accumulation. Although poverty and inequality are inherent in the development of capitalist system, they are seen and combated differently, as they start to be against the interests of that system. This paper is aimed at disclosing the reasons for the current emphasis on poverty.

Keywords : capitalist accumulation; inequality; poverty.

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