Poverty in Capitalistic Society

Poverty and the contributing factors
In the journalistic archives of William Morris he states that socialism is " the increase of wealth by means of the combination and co-operation of the varying powers and capacities of men, and the equitable distribution of the wealth so produced; and as each man's capacities can be used for the benefit of the community". In this type of society an individual will not suffer from poverty unless the whole of the society is in poverty. It was believed that every person born into society would fully share of the sum of benefits produced by it. However,…