Poverty is relative term.
I consider none to be poverty stricken that can increase their own access to productive means.
Poverty is therefore the result of one or more of three possible causes: 1) personal choices; 2) lack of legal access to competitive means; 3) theft and destruction.
Children are born into poverty, strictly speaking, but through their own personal development they are able to increase their productive capacities over time; the level of access to productive means they are born into (and are able to keep) will also affect their absolute level of productivity over a lifetime.[/quote]
Chris Matthews would call you a racist for this post.
The only part I tend to take exception to, and maybe I am not uderstanding your point is the end. I don’t think anyone is limited in terms of absolute productivity over a lifetime unless they have a mental handicap, and that isn’t exclusive to being born in poverty.
In America, there really is no reason someone can’t be born dirt poor, and die wealthly enough for 2 generations. [/quote]
Yes, I agree, one can be born dirt poor, as we all are, and die wealthy.
My point was that in absolute terms someone born to wealthy parents will be better off as they have an advantage having access to productive means that their poorer contemporaries may not have - education, capital, etc.[/quote]
Yeah yeah, we are on the same page.