Scarcity mindset is a real thing - but it's not the thing keeping people trapped in poverty
A scarcity mindset refers to the psychological process that takes place when people’s basic needs aren’t being met
It causes your brain to panic and make choices based on the incorrect assumption that resources are scarce
If this is the only money they will ever have, why save? Why not spend it on something they will enjoy to break up the suffering for a few brief moments?
Some people are trapped in poverty, and you can't just "think" your way out
We've developed scarcity mindset at the societal level, and that prevents us from helping the less fortunate
Society as a whole needs to shift to an abundance mindset, rather than blaming the poor for being poor.