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== '''[[Margaret Thatcher]]''' ==
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'''Margaret Thatcher''' (13 October 1925 – 8 April 2013) was the [[Prime Minister of the United Kingdom]] from 1979 to 1990 and leader of the [[Conservative Party (UK)|Conservative Party]] from 1975 to 1990. She made history in being the first and only woman to be prime minister. Thatcher led her party to a series of electoral landslides in 1979, 1983 and 1987 by preaching 'Thatcherism' as a tough remedy to reverse the [[United Kingdom]]'s steady decline. Thatcherism meant she weakened [[trade union|labour union]]s, [[privatisation|privatised]] some industries, rejected [[Keynesian economics|Keynesian economic]] policies for the monetarism of [[Milton Friedman]], and helped reinvigorate the British economy. In foreign policy she collaborated closely with American President [[Ronald Reagan]], especially in his efforts to end the [[Cold War]] by working deals with [[Soviet Union|Soviet]] leader [[Mikhail Gorbachev]]. She was the first prime minister in modern British history to win three consecutive terms, and her 'Iron Lady' image  and toughness in action and optimism for the future impressed many Britons. After proposing a [[poll tax]] that alienated voters, and continuing with a domineering style that alienated politicians, she was ousted from power in 1990 and took a peerage. Historians rank her impact alongside [[Winston Churchill]], [[David Lloyd George]] and [[Tony Blair]] - indeed, she forced Blair to abandon [[socialism]] and incorporate elements of Thatcherism into his [[Labour Party (UK)|'New' Labour]] policies.
==Footnotes==
 
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Latest revision as of 09:19, 11 September 2020

The Mathare Valley slum near Nairobi, Kenya, in 2009.

Poverty is deprivation based on lack of material resources. The concept is value-based and political. Hence its definition, causes and remedies (and the possibility of remedies) are highly contentious.[1] The word poverty may also be used figuratively to indicate a lack, instead of material goods or money, of any kind of quality, as in a poverty of imagination.

Definitions

Primary and secondary poverty

The use of the terms primary and secondary poverty dates back to Seebohm Rowntree, who conducted the second British survey to calculate the extent of poverty. This was carried out in York and was published in 1899. He defined primary poverty as having insufficient income to “obtain the minimum necessaries for the maintenance of merely physical efficiency”. In secondary poverty, the income “would be sufficient for the maintenance of merely physical efficiency were it not that some portion of it is absorbed by some other expenditure.” Even with these rigorous criteria he found that 9.9% of the population was in primary poverty and a further 17.9% in secondary.[2]

Absolute and comparative poverty

More recent definitions tend to use the terms absolute and comparative poverty. Absolute is in line with Rowntree's primary poverty, but comparative poverty is usually expressed in terms of ability to play a part in the society in which a person lives. Comparative poverty will thus vary from one country to another.[3] The difficulty of definition is illustrated by the fact that a recession can actually reduce "poverty".

Causes of poverty

The causes of poverty most often considered are:

  • Character defects
  • An established “culture of poverty”, with low expectations handed down from one generation to another
  • Unemployment
  • Irregular employment, and/or low pay
  • Position in the life cycle (see below) and household size
  • Disability
  • Structural inequality, both within countries and between countries. (R H Tawney: “What thoughtful rich people call the problem of poverty, thoughtful poor people call with equal justice a problem of riches”)[4]

As noted above, most of these, or the extent to which they can be, or should be changed, are matters of heated controversy.

Footnotes

  1. Alcock, P. Understanding poverty. Macmillan. 1997. ch 1.
  2. Harris, B. The origins of the British welfare state. Palgrave Macmillan. 2004. Also, Oxford Dictionary of National Biography.
  3. Alcock, Pt II
  4. Alcock, Preface to 1st edition and pt III.