Monday 10 December 2007

Poverty: a residual state of affairs?

One of the earliest and most notable casualties of this resurgent 19th-century liberalism was poverty. Governments of a new-right persuasion effectively defined it out of existence [...]. Ironically, this terminological 'eradication' of poverty found a distorted echo in the views of north-west European states that believed that their highly developed social protection systems had actually eradicated poverty. For instance the European Commission (1992) pointed out that in the 1970s many member-states assumed that poverty had been reduced to a "residual state of affairs which would disappear with progress and growth".

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