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This framing is extremely suspect IMO; the article and figure 1 calls people in extreme poverty “poor” and people in poverty “vulnerable”. Extreme poverty is no
by dahart 7y ago
This framing is extremely suspect IMO; the article and figure 1 calls people in extreme poverty “poor” and people in poverty “vulnerable”. Extreme poverty is not just “poor”, extreme poverty is a line below which one cannot afford enough food to keep them alive, and doesn’t include housing or anything else. The “vulnerable” line is below $11/day, and some economists have argued the definition of global poverty should be higher than that. These dollar numbers are in adjusted PPP (purchasing power parity) so you can compare them to what you make & spend in the US, for example. $11/day is $4k/year, which is very far below what we call poverty in the US (our line is almost $12k), so why are we okay with calling that poverty elsewhere? People earning the equivalent of $11/day are not going to movies.
There was an enlightening article & discussion about this last year on HN https://news.ycombinator.com/item?id=19133221 https://news.ycombinator.com/item?id=19133221