According to Henry having too much rich people in an economy would lead to poverty for a lot of people he argue that “for everyone rich man you find there is at least five poor men” henry also uses Adam smith’s theory on capitalism to explain how an inequality in society can be the cause of poverty. Henry states that “if there is wealth, there is poverty. Poverty is endemic to capitalism: given the normal workings of capitalism, poverty cannot be eliminated–even if racism or sexism or whatever specific practice proposed by anti-myth proponents were to be eradicated. Such practices may exacerbate poverty, to be sure, but they do not constitute the underlying cause of poverty” (Henry) without wealth there would be no poverty but because there is wealth that doesn’t mean that it is the main cause of poverty. Henry goes into detail explaining to us how the rich affect the poor he states “Thus, the “laboring poor” were necessarily poor because they produced not only their own subsistence but the incomes of property owners” because the poor isn’t only producing their won substances but that of their boos or land owner now they are left with working twice as hard only to gain little from it this is where and individuals decisions affect’s them. Because the poor have no choice they must work twice as hard to reduce a substance for themselves and their bosses therefore sometimes it is hard for a poor person to move up in society because they must work twice as hard for something that the capitalist and the land owners dome
According to Henry having too much rich people in an economy would lead to poverty for a lot of people he argue that “for everyone rich man you find there is at least five poor men” henry also uses Adam smith’s theory on capitalism to explain how an inequality in society can be the cause of poverty. Henry states that “if there is wealth, there is poverty. Poverty is endemic to capitalism: given the normal workings of capitalism, poverty cannot be eliminated–even if racism or sexism or whatever specific practice proposed by anti-myth proponents were to be eradicated. Such practices may exacerbate poverty, to be sure, but they do not constitute the underlying cause of poverty” (Henry) without wealth there would be no poverty but because there is wealth that doesn’t mean that it is the main cause of poverty. Henry goes into detail explaining to us how the rich affect the poor he states “Thus, the “laboring poor” were necessarily poor because they produced not only their own subsistence but the incomes of property owners” because the poor isn’t only producing their won substances but that of their boos or land owner now they are left with working twice as hard only to gain little from it this is where and individuals decisions affect’s them. Because the poor have no choice they must work twice as hard to reduce a substance for themselves and their bosses therefore sometimes it is hard for a poor person to move up in society because they must work twice as hard for something that the capitalist and the land owners dome