International inequality

About 12 percent of migrant workers were putting in 13 hour shifts a day. The massive extent of the inequality also extends to the housing conditions of these migrant workers. The majority just like Qin live in dormitories that are provided by their employers in factories or on construction sites. These dormitories are crowded and lack basic furniture, sanitation…

in the economy is happening in the U.S., it has also become an international development. The upper class has made a world of their own by tripling their incomes; it’s their decision to help those who are falling behind or not. “The Broken Contract: Inequality and American Decline” In earlier time periods in the United States, institutional forces held together different aspects of the country. However, in…

Oxfam International Oxfam International is an international non-governmental organization who aids in human rights efforts across the globe. They are composed of 18 organizations who cooperate with partners and local communities in over 90 countries (Oxfam International, n.d.). Oxfam International was formed in 1995 by a group of independent non-governmental organizations who wanted to work together for a greater impact on the international stage to reduce poverty and injustice (Oxfam…

One of the main questions currently circulating economic forums is: does income inequality hurt economic growth? Main concerns about global increases in income inequality have motivated nations to study the potential impacts on societies and economies. According to the Organization for Economic Cooperation and Development, OECD for short; one of the resounding conclusions is that poorer members of society are less able to invest in their education. The OECD consists of 34 democracies with market…

disregarding different viewpoints, including Conservatives, Liberals and Independents. Stiglitz shows how the United States has the highest level of inequality of all the modern industrialized countries through the world, while informing that we the people are the “job creators” not the one percent. Joseph Stiglitz provides strong arguments against growing inequality on our democracy, economy and the justice system in place. The promise of the American dream and the land of opportunity has…

Fifty years ago, Corrado Gini, inventor of the Gini coefficient, which measures income inequality, died. How does it work, asks Chris Stokel-Walker. When Italian statistician - and former fascist - Corrado Gini died in Rome on 13 March 1965, he could not have known that 50 years on, the UN would still use his name in their annual rankings of nations. "The Gini coefficient provides an index to measure inequality," says Antonio Cabrales, a professor of economics at University College London. It is…

hard work out of people is to give them a return on their investment” is a concise summary of why communism failed to produce lucrative economies, when it comes to global economic inequality I believe this argument to be the least convincing because it is oversimplifying the various variables that cause global inequality such as the volatile nature of foreign investments and tax burdens. Instead, this sentiment places the brunt of the success from economic investments on laborers despite the…

globe would remain struggled due to the inequality crisis. After this report was released, there were more concerns about the impact of globalization on poverty and inequality. Many people believe that globalization makes the developing countries facing the risk of increasing poverty and inequality, but this essay supports the opposite. Globalization would not increase the poverty and inequality in developing countries because of the deep-rooted nature of inequality and poverty, its positive…

Inequalities are present in every society. Social stratification is essential to society. Social inequality is the central characteristic of practically all social encounters and a person’s spot in the stratification system is the supreme predictor of his or her behavior, attitudes, and possibly life chances. Social stratification carries over from generation to generation. You can look at how parents pass their social position onto their children to see that stratification is a trait of…

economically and politically important to all countries. As more and more developing and low-income countries enter into the global integration, there is always an ongoing debate on the relationship between globalization and inequality - whether globalization reduces or increases inequality. In this essay, I’m going to discuss this matter in details with my own understanding and some researches. First of all, globalization does boost the economic activities and development, which…