Can Decreasing Poverty Lead to Peace?

Many people I am certain have posed the question I ask in the title to this post. It seems on a surface level that many if not most problems around the world share an underlying area--poverty. I think when poverty is severe people lose hope and entertain radical ideas and anger. These as seen in many of our city streets and perhaps other places around the world lead to the kind of violence and war on our daily news. Of course, sometimes greed leads some corporations to take advantage of the disenfranchised which in turn leads ot more angry people. I can't understand how giving more power to corporations will truly answer the needs of people looking for work. Yet our government hires many of the same corporations that have participated in the by now ritual outsourcing of jobs. This leaves us with greater poverty related issues. Yet today a man actually praised the very government that makes it necessary for him to take on a post-retirement job. Such is life.