![]() ![]() Conversely, development is about more than simply increasing wealth it’s about increasing opportunity. As such, poverty is about more than low income it’s about a lack of opportunity. Sen contends that income and wealth are only important as a means to something else, not for their own sake. Poverty isn’t solely defined by income, and doesn’t tell the whole story of well-being. However, poverty has a much more nuanced definition, according to Amartya Sen. ![]() Most definitions of poverty are based only on the level of income. In redefining development as freedom, Amartya Sen takes a holistic view of poverty and characterizes it as impeding people’s ability to lead the lives they want. ![]() Amartya Sen on Poverty and Economic Development Learn more about this ethical approach by Amartya Sen, poverty as capability deprivation, and development as freedom. Poverty shouldn’t be just about the amount of income you make it’s also about the lack of rights you have. In Development as Freedom, Nobel Prize-winning economist Amartya Sen argues that economic development is about more than increasing wealth-it must be about expanding freedom. What is poverty, according to Amartya Sen? How can we approach poverty as a social problem? Like this article? Sign up for a free trial here. Shortform has the world's best summaries and analyses of books you should be reading. This article is an excerpt from the Shortform book guide to "Development as Freedom" by Amartya Sen. ![]()
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