Skip wrote:Why cannot poverty be eliminated altogether?
...Me? I've given up trying.
There will always be relative poverty in that some clever, creative types will have figured out how to attract more money - as long as we have a price system.
As long as we measure scarcity by assigning a price to things and stuff, some who would receive a grant equal to yours will fritter it away on their addiction, whatever addiction it may be, while you save yours (or even perhaps invest it wisely.) Athletes who are very competent in sports or entertainment stars who become celebrities will attract money to themselves - as will shrewd schemers, say those who have a system to beat a casino. {Those who have inherited a seat on a kind of stock or options exchange, or who were given one by an uncle who had one earlier, and who have the intellect to know what to do with it to maximum advantage, can become market-makers. This is a road to wealth, even though hard work is involved. One must have a good work ethic to go in every day and keep an eye on four or more TV screens and/or monitors at once. Since the market is a casino of sorts, they will accrue wealth. Yes, they seem to have a special privilege, but it is not because they sought it out: it was given to them! ...given partly by Nature and partly by a relative.}
You haven't given up trying, Skip, if you participate in threads that ask good questions, such as this one. Thank go to Ned for initiating it, but you, Skip, have started a thread here and there on your own. ...So you really haven't given up yet!
P.s. Watch for my next book - one which keeps technicalities to a minimum - and is designed for the high-school or college student. The title begins with the word "Keys."
Until then, review
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and
viewtopic.php?f=8&t=13696 and
viewtopic.php?f=8&t=13302