W13.1 May 27 (Mon) - 계해운(JIHAIYUN)

  Summary

Social inequality is a phenomenon caused by unequal distribution of resources, often resulting from unfair distribution practices based on socially defined group categories such as power, religion, kinship, prestige, race, gender, and more. Social inequality is not only reflected in income and wealth disparities but also in the distribution of social and natural resources such as education, housing, and financial services. Different types of social inequality include wealth inequality, treatment and responsibility inequality, political inequality, life inequality, and membership inequality. Social status can be determined by both ascribed characteristics and achieved characteristics, and globalization has exacerbated global inequalities. Ideological perspectives influence views on inequality, ranging from individualism to collectivism, with various philosophical and political theories proposing different solutions. Social mobility measures the movement of individuals or groups within social strata, impacting their future social status. The design of political and economic structures is seen as crucial for addressing social inequality and promoting economic growth.


Interesting Points:

Social inequality encompasses not just economic issues but also the distribution of education, housing, and financial services. Social status is influenced by both ascribed characteristics and achieved characteristics.  Globalization has shortened time and space distances, exacerbating global inequalities.


Question:

How has globalization exacerbated global inequalities?

Comments

  1. Cheng YatingMay 31, 2024 at 3:44 AM

    Firstly, it has facilitated the expansion of multinational corporations, which often exploit cheap labor in developing countries to maximize profits. This has led to the outsourcing of jobs from high-wage to low-wage countries, contributing to income inequality within and between nations. Additionally, globalization has intensified competition between countries to attract foreign investment, leading to a "race to the bottom" in terms of labor and environmental standards. Moreover, the global economy is increasingly dominated by wealthy countries and corporations, which wield significant influence over international trade and finance, further marginalizing poorer countries and exacerbating economic disparities. Finally, globalization has facilitated the spread of consumer culture and Western ideals, which can undermine local economies and cultures, particularly in developing countries.

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