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What can governments do to end poverty in their countries? Is a solution possible under capitalism?

Hello, I come from Argentina, and in my country, poverty is an issue we still can't eradicate, even though extreme poverty has been around for many decades now.

What still baffles me is the fact that although the Government gives away money to those with reduced incomes, poverty is as bad as always. Poor people can now (at least) fulfill their basic needs, but they have now become dependant on the Govt to give them the necessary resources for life (and politicians do not care about this, since this way they can keep on "buying" their votes with cash). They don't have jobs (and some do not even bother to find one) and most still live in slums under really poor conditions. So, it's obvious this solution is only benefitial in the short run... eventually the Government is going to run out of money and we'll still have the same number of people in the streets.

Moreover, I read yesterday how India is going to start doing the same thing, but I guess that probably won't go anywhere either.

Now, what do you think is the solution to stop this vicious circle of poverty? What is your Government doing about it?

Bear in mind that Latin America has just extreme poverty levels (not as much as Africa), but still much more than the First World countries. At least in my country there is a surprisingly high number of slums (check some photos in wikipedia: http://es.wikipedia.org/wiki/Villa_miseria )

In my opinion, emphasis should be made on giving labour to these people outside-the-system. But for that, we need to offer public AND quality education. Yet I'm conscious that a malnourished child is not going to be able to be properly educated, is he?. So what can we do to ensure that child will have a better future? It's difficult to come up with a solution, but we're in the 21st Century now, it's about time we stopped poverty.


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    Jan 19 2013: in Capitalism, a country’s businesses and industry are controlled and run for profit by private owners rather than by the government. If a country is willing to support poor people through giving them money, the budget deficit will increase. I think all governments should play the role if the investor in order to create more jobs and support poor people. The governments should run and control companies like the individual owners. Neither Capitalism nor Communism are good economic systems.
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      Jan 19 2013: "in Capitalism, a country’s businesses and industry are controlled and run for profit by private owners rather than by the government." "Neither Capitalism nor Communism are good economic systems" .
      Well, it could be argued that Communism is more political then economic. So I think you are not happy with the capitalistic system.

      I would say that governments are businesses established by investors (taxpayers) to provide services. Put out fires. Direct traffic at the street corner. Arrange for an Army to defend against invaders at the boarder. Jobs that are too time consuming or requiring skills that not everyone has or wants to engage.
      When governments begin to see their investors as employees, bad things happen.

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