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A billion people without shoes in the 21st century. Hundreds of millions of them children, many unable to get to school for lack of shoes. Yet the global footwear industry produces 24.3 billion pairs of shoes a year, namely three pairs of shoes for every person on the planet. Many of those who produce shoes in a country like India can neither afford to buy the shoes that they produce nor even the cheapest flipflops available in the market. There are more than enough shoes in the market, but there is not enough money in the hands of hundreds of millions of people to buy these shoes. They work and produce, but they cannot afford to consume enough for a decent life.