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Poverty and Capitalism

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  • Barbara Harriss-White (QEH)

Abstract

While it may be possible to mitigate poverty through social transfers, it is not possible to eradicate the processes that create poverty under capitalism. Eight such processes are discussed: i) the creation of the pre-conditions; ii) petty commodity production and trade; iii) technological change and unemployment; iv) (petty) commodification; v) harmful commodities and waste; vi) pauperising crises ; vii) climate-change-related pauperisation; and viii) the un-required and/or incapacitated and/or dependent human body under capitalism. Ways to regulate these processes and to protect against their impacts are discussed. Poverty. Capitalism. Institutions. Political economy. Development.

Suggested Citation

  • Barbara Harriss-White (QEH), "undated". "Poverty and Capitalism," QEH Working Papers qehwps134, Queen Elizabeth House, University of Oxford.
    • Handle: RePEc:qeh:qehwps:qehwps134
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    File URL: http://workingpapers.qeh.ox.ac.uk/RePEc/qeh/qehwps/qehwps134.pdf
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    Cited by:

    1. Joyeeta Gupta & Courtney Vegelin, 2016. "Sustainable development goals and inclusive development," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 16(3), pages 433-448, June.
    2. Geenen, Sara, 2019. "Gold and godfathers: Local content, politics, and capitalism in extractive industries," World Development, Elsevier, vol. 123(C), pages 1-1.
    3. Amani Kahloul & Rim Lahmandi‐Ayed & Hejer Lasram, 2019. "Poverty, competition, democracy, and ownership: A general equilibrium model with vertical preferences," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 21(6), pages 1143-1178, December.
    4. Barbara Harriss-White, 2012. "Capitalism and the Common Man: Peasants and Petty Production in Africa and South Asia," Agrarian South: Journal of Political Economy, Centre for Agrarian Research and Education for South, vol. 1(2), pages 109-160, August.
    5. Tattwamasi Paltasingh & Jayadev Satapathy, 2021. "Unbridled coal extraction and concerns for livelihood: evidences from Odisha, India," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 34(3), pages 491-503, October.
    6. Lucia da Corta (QEH), "undated". "The Political Economy of Agrarian Change: Dinosaur or Phoenix?," QEH Working Papers qehwps174, Queen Elizabeth House, University of Oxford.
    7. Paul Shaffer, 2015. "Two Concepts of Causation: Implications for Poverty," Development and Change, International Institute of Social Studies, vol. 46(1), pages 148-166, January.
    8. Anwar Shah & Karim Khan, 2015. "Can We Solve the Issue of Poverty Without Solving the Issue of Conventional Economic Paradigm: A Critical Review," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 54(4), pages 671-683.

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