POL101H1 Lecture Notes - Lecture 8: International Inequality, Economic Justice, The Bottom Billion
Document Summary
Global poor (bottom billion) and extreme poverty. The wealth gap between the rich and poor. The difference in the standard of living between the west and global south. Imagine a small child drowning in a shallow pool. Save the child because it takes little effort on your part but will provide enormous benefit to the child. Why don"t we donate a small amount of money that costs us little relative to the great value it would bring to someone very poor across the world. Great global inequality co-exists with extreme poverty. The rich get richer, and the poor get children. Since the end of the 19th century, the income inequality gap has risen from 9:1 to 60:1. People thought poorer countries would catch up to richer countries but this hasn"t happened, it"s actually gotten worse under globalization. Mexico/latin america: large landowners have always had a concentration of. Existence of historical inequalities wealth and power.
