Poverty Undefined

I am realizing more and more that the developed world has a rather slanted and potentially harmful view of poverty. I will explain more about this in upcoming posts, but for today I have a question for you.

How would you define poverty?

I mean really without going to visit webster or google what definition would you give?

This is an important question, because how you define poverty will have a huge impact on how/if you go about addressing it. So, give it a think and let me know what you come up with.