Globalization and Inequality (www.cgdev.org)

Nancy Birdsall, President of the Center for Global Development gives a brief overview of the issues and concerns surrounding the growing global Inequality resulting from Globalization.

Category:

News & Politics

Tags:

• Globalization
• Inequality
• Global
• Development
• Poverty
• Economics
• International
• Center
• for
• global
• development
• CGD

[Ptinana1]

biased statement

[Joanomada]

Good to focus this point. Every human being must be considered, otherwise this world is not a place for all to live. Glob-all-ization only when ALL have dignity. Let's look at solutions now!

[manijhe]

@ndes0532 You're right! In the other case she would have said she wished to inform. I didn't know the difference before. Thanks!

[ndes0532]

@manijhe

I don't think so. She said right at the beginning that she wanted to convince us. But then she goes on to simply state that globalization increases inequality. Her only effort to back up this claim is to say "people in the industrialized world are smarter and can take better advantage of the system". The rest is just a statement of opinion.

[manijhe]

@ndes0532 it was meant to be a statement

[ndes0532]

I am unconvinced. This is a statement, not an argument.

[Apmhflick]

Not true. If wealth is spread, how can it be further concentrated into a smaller arena? In Vietnam, Nike factories have lifted people out of poverty, expanded commerce, increased children's education (an investment that will most certainly return profit from future ingenuity), and allowed local businesses to expand. Look at Europe and Asia. They have embraced globalisation and they have increased their wealth. We need to break down barriers and laws, not create more obstacles for globalisation.

[aknotz]

I know how we can stop inequality! Stop taxation!

[pidner]

The middle class in America are fast becomeing ghost.

[seltzerwater464]

Thank you for speaking up about this contentious issue, but I disagree with your idea that it is 'markets' per se that work better. Multinational corporations and monopolies do not create better markets. They create better tools to further concentrate wealth and influence, which spells doom to both truly free markets and to democracy itself.