Chapter

Poverty and Affluence

Amartya Sen

in Inequality Reexamined

Published in print September 1995 | ISBN: 9780198289289
Published online November 2003 | e-ISBN: 9780191596896 | DOI: http://dx.doi.org/10.1093/0198289286.003.0008
 Poverty and Affluence

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If poverty is seen as the deprivation of some minimum fulfilment of elementary capabilities, it becomes easier to understand why it has both an absolute and a relative aspect. These considerations are important in dealing with poverty in any country (rich or poor), but are particularly relevant in understanding the nature of poverty in richer countries, which is addressed in this chapter. The persistence of poverty in otherwise affluent countries is an apparently puzzling phenomenon that is beginning to get serious attention in contemporary debates, and it is argued here that the understanding and the remedying of this problem can both be helped by explicit consideration of the relation between deprivations in different spaces, especially between incomes and the capability to lead secure and worthwhile lives.

Keywords: affluence; capability; deprivation; income; poverty; space

Chapter.  7217 words. 

Subjects: Public Economics

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