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Economics Faculty Publication Series

2007

Human Development Index

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The Meaning Of Poverty: Questions Of Distribution And Power, Arthur Macewan Jan 2007

The Meaning Of Poverty: Questions Of Distribution And Power, Arthur Macewan

Economics Faculty Publication Series

Focusing on the low-income parts of the world and reviewing the different ways we can define poverty, I first argue that what people generally mean by poverty – or, more broadly, by economic well-being – cannot be adequately captured by a single, absolute measure such as income level or a more complex aggregate such as the Human Development Index. Not only do these measures fail to account for the complexity of human material needs, but they also fail to recognize the importance of distributional issues. The failure to incorporate a consideration of distribution in defining poverty (or, more generally, economic …