1) Beggary 2) Impoverishment 3) Indigence 4) Need 5) Pauperism 6) Penury 7) Poorness 8) Poverty 1) Indigence 2) Pauperisation 3) Pauperism 4) Penury 
• (n.) The act or process of reducing to pauperism.
Literally, to make a pauper of, or impoverish. Marx used the term to describe the process by which the working class grows increasingly impoverished in relation to the capitalist class.
Pau`per·i·za'tion noun The act or process of reducing to pauperism. C. Kingsley. 
[n] - the act of making someone poor
pauperisation noun the act of making someone poor