Could it be that the world is already rich?

Hey everyone,


for our presentation tomorrow we will be looking at the effects inequality has on the developed world. We will be answering three questions;


1) Can there be poverty in the developed world?
2) Can skilled people inevitably avoid poverty?
3) Are wealth and capitalism inherently connected?


In order to get you guys thinking we are posting a documentary on child poverty in the viewpoint of the child giving us an insight on how they are dealing with living in poverty in the UK in 2011. It demonstrates different factors of poverty in particular looking at the income of the different families and how they are seen to cope with the recession and much more.


http://www.youtube.com/watch?v=_pzDclniQzg


Also, we have added this additional clip - which is on the economic growth during the last 200 years, to show just how remarkably living standards have changed. 


http://www.youtube.com/watch?v=jbkSRLYSojo


Alongside this, we want to share this BBC documentary on poverty in America, which was also posted by Helen a few weeks ago, but we feel as though this is relevant to this weeks topic of poverty in the developed world, so if you've not seen it yet we recommend you do so. 


http://www.youtube.com/watch?v=NlZqaXd0uRg


Tomorrow we will start our presentation showing you a poverty report - http://www.youtube.com/watch?feature=player_embedded&v=0ZziXDqIb5M
followed by asking you a few questions, which you can think about before the lecture.

1) In what ways do you think poverty is demonstrated in a developed country?
2) To what extent is inequality a casual factor of Poverty?
3) Do you think wealth and capitalism are connected and why?


Hope to see you all tomorrow,

Iffie & Erkki.