Munich Personal RePEc Archive

Poverty : A Corporate Creation and Ratio Controls for Eradication

Subramaniam, Viswanatha (2013): Poverty : A Corporate Creation and Ratio Controls for Eradication. Published in: Create Space Book , Vol. 1, No. ISBN : 978-1484087442 (19 April 2013): pp. 1-37.

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Abstract

Poverty is an inability to buy the basic needs (Food, Shelter and Clothing) by a household, within their earnings. This is not the fault of the house holds. But it is a creation of the Corporate sectors producing/distributing the basic need items. They inflate the prices of these commodities on a continuous basis to absorb their cost of mismanagement and luxury needs of their management and employees. This could be controlled and poverty can be eradicated, if these corporate sectors perform within an Operating Ratio (Cost+Expense/Net revenue) of 75%. This is proved with facts and figures from Developing and Developed nations. This provides a leverage for profits without any price increase. Also, the supply quantum of the basic needs over years, should be in the same proportion of the Population increase OR Population should be controlled within the possible quantum increase of the basic needs.

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