The reasons for global inequality essay

These are not just objections to inequality and its consequences: However, this mode of production restricts any real growth in the economy by its very low wages, and consequently does not allow for any significant progress to be made in standards of living.

Modernising Theories are aimed at introducing capitalism into developing countries whether they want it or not and the avoidance of socialism, which is a legacy of the cold war and old hostilities. With the growing popularity of the topic, the pressure is growing as well.

However, it is arguable whether or not this is the case when securing fare-trading practices for the poorer countries. Education is regarded now as one more rather efficient way to decrease global inequality.

Thus the ideology that stems from this is that capitalism and its values are the only way forward, anything else is doomed to shackle Third World countries to poverty and backwardness. In rich and poor countries, inequality is strongly correlated with shorter spells of economic expansion and less growth over time.

No one has reason to accept a scheme of cooperation that places their lives under the control of others. The poor South were forced into signing up to unfair trade deals and forced into a global economy into which they could not compete.

Some would argue that by keeping China and other authoritarian regimes excluded from this body, allows them to continue persecuting minorities and others who do not conform to their ideology. Speaking in London Sir Eddie George said: Some countries are looking for markets, cheap labour, and cheap resources, while others are struggling to survive and to provide the suitable competitive environment.

Illustration by Dawn Kim.

The 4 biggest reasons why inequality is bad for society

And the key to greater production is a wider knowledge and more vigorous application of modern scientific knowledge cited in Kiely and Marfleet Finally, it appears that sociologists are now realising that Modernising Theories and Euro-centrism has held Third World nations back, and that new models of development are necessary to come out of the sociological crises of the Impasse, but it may be a long way off before sociologists are confident enough to put these ideas forward for scrutiny.

Scores on the UNICEF index of child well-being are significantly worse in unequal countries and decline as inequality rises. As Singer shows, the possibility of improving the lot of the poor is a powerful reason for redistribution. Globalisation must be taken into consideration; according to Giddens it is defined as: The distribution of world economic power is becoming less concentrated and more dispersed, and the countries of Asia, Africa and Latin America are playing ever more independent roles, both economically and politically cited in Webster Hence, the gap would be increasing instead of getting smaller.

Any obstacles in the path of operations and expansion of global business enterprise must be subordinated. But the statistics do not take into consideration the black economy of street vendors or other illegal traders. Levels of social cohesionincluding trust and social capitalare lower in more unequal societies.

The EU was allowed to continue to dump cheap agricultural imports into countries such as Tanzania. There are a number of simple, feasible measures that nations can take to grow equality alongside economic democracy. In these ways, economic inequality can undermine the conditions of its own legitimacy.

What Causes Global Inequality?

Inequality emerged as a central issue for the Sustainable Development Goals SDGs because of the growing body of evidence that inequalities in income and wealth cause economic instability, a range of health and social problems, and create a roadblock to the adoption of pro-environment strategies and behaviour.

But why, apart from this, should anyone be concerned with the difference between what they have and what others have? Additionally the US and the West are heavily dependent on Third World countries for oil reserves, which illustrates that all countries are interconnected.

According to the WTO China has managed to steadily raise living standards over the last two decades with massive economic growth, although it has been unevenly distributed Brown Many people in the world are poor, and the improvement in their lives that richer people can bring about by giving money is enormous by comparison with the small sacrifice that this would involve.

Instead he argues that dependency is a result of the capitalist system that has undermined Third World economies by making Western impositions on their economic systems, culture and way of life.

In short capitalism is said to articulate with rather than include local economic methods of production. Alongside international and national efforts to create progressive tax regimes and deal with tax avoidance and tax havens, the extension of democracy into economic institutions can have a major impact in reducing inequality.

New information sources, new ways of communication made many available, including knowledge in many life aspects. China who has been seeking entry to WTO for several years has finally been accepted into this powerful trading body. It appears the two major paradigms of Dependency Theory and Modernising Theory have been exhausted, and that sociologists are reluctant to go back to the drawing board and start again with fresh ideas.

This way looks like the fastest and the most efficient, though it has certain drawbacks: The proportion of employee representatives on company boards and remuneration committees should be set to increase over time, moving eventually to majority control and beyond.Free Essay: Global Inequality Global Inequality has been and will remain to be an ever pressing issue of concern across many subjects and specifically that.

Global inequality is the inequality in distribution of income and wealth between rich and poor countries. A concentration of wealth is in the hands of very small number of people. A concentration of wealth is in the hands of very small number of people. Global inequality is caused by a number of factors including population distribution, government policies, technology, corruption and economic growth rates.

Global inequality is one of the greatest challenges facing the world today and various governments have taken initiatives to deal with it.

Through the analysis of numerous factors, this essay will attempt to stem out the reasons of contemporary Global Inequality. Looking at a Nation's history can be the simplest indicator of whether it is a Rich or Poor country.

Free Coursework

The Reasons for Global Inequality Words | 6 Pages Global Inequality Global Inequality has been and will remain to be an ever pressing issue of concern across many subjects and specifically that of.

The Causes of Global Inequality by Rajesh Makwana As international negotiations on a new set of Millennium Development Goals (MDGs) continue, it is worth reflecting on some of the limitations and.

The reasons for global inequality essay
Rated 4/5 based on 59 review