GEO-ECONOMY OF POVERTY REVISITED BY ULTRALIBERALISM

Publié le 3 mars 2023

91st International Scientific Conference on Economic and Social Development

Author: Abdelhamid NECHAD

Our paper entitled GEO-ECONOMY OF POVERTY REVISITED BY ULTRALIBERALISM,

was presented and published at the 91st International Scientific Conference on Economic and Social Development held at the Lusophone University of Lisbon in January 2023. The work was carried out in collaboration with Mr. Mohammed RHALMA and Mrs. Meryeme BAHHA of the ENCG of Tangier.

In this paper, we consider the poverty as a recurrent phenomenon and its permanence as an object of research proves it. The break made by the market evangelists with the values of ancient societies was at the origin of the advent of a new form of poverty, a « modernized poverty » that has nothing to do with poverty in its vernacular, Greek or Arab-Muslim form. This new version of poverty is the result of pressures and frustrations brought about by the economicisation of human societies.

Modernized poverty has seen its greatest rise with the advent of the phenomenon of globalization. It is currently the art of the underdeveloped countries, since for these same countries the counterpart of integration into the « global village » is synonymous with renouncing the ancestral ways of life and protection of these societies. Our contribution was to highlight the extent of deprivation in an era of successive crises, and a challenge to the single-mindedness of market evangelists.

The work is the result of a series of observations combined with a heterodox analysis of poverty and deprivation. We have sought to highlight the nature of the poverty-growth causality. Does growth really mean less deprivation? Does economic growth really benefit the poor? Are we not witnessing the advent of a new version of deprivation as a result of non-membership, or rather exclusion, from a dominant standard of living?