Can Poverty Be Eradicated?

Gerardo Rivera Ungson and Sixto K. Roxas

Chapter 6 in From Alleviation to Empowerment:Ruminations on Poverty, Capitalism, and Communities, 2026, pp 125-148 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Poverty is the scourge of humankind. This oft-cited aphorism accentuates the intransigence of poverty since ancient times. Poverty is linked to income inequality, ecological degradation, impaired health and welfare, limited educational opportunities, and community deterioration. While historical records show the gradual reduction of extreme poverty in recent times, impoverishment is relentless, particularly in sub-Saharan Africa and in developing countries…

Keywords: Poverty; Poverty Alleviation; Poverty Eradication; Inter-generational Poverty; Environmental Degradation; Sustainable Development; Community Empowerment; Social Accounting; Human Settlements; Development Economics; Unsustainable Development; Ecological Sustainability; Capitalism; Free Market; Economic Orthodoxy; Classical Economics: Marx; Radical Economics; Bretton Woods; Sectoral Development; Sectoral Specializations; Neo-liberalism; Enterprise Management; Modern Corporation; Modern Enterprises; Microfinance; Entrepreneurship; Social Enterprises; Capacity Building; Conditional Cash Transfer; Mainstream Growth Theory; Biogenesis; Mechanistic Worldview; Jurgen Habermas; Spectrum of Consciousness; Communitarian Movement; Moral Capitalism; Humane Economy; Enterprise Logic; Communitarian Logic; Ekistics; Enterprise Accounting; Community-based Accounting System; Social Accounting; Valuation (search for similar items in EconPapers)
JEL-codes: I32 O15 O18 Q01 (search for similar items in EconPapers)
Date: 2026
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