GINS 2000 Lecture Notes - Lecture 5: Economic Globalization, International Inequality, International Financial Institutions

• School: Carleton University
• Department: Global and International Studies
• Course: GINS 2000
• Professor: Fiona Robinson

Document Summary

The argument that poverty is directly casually tied to inequality. This argument suggests that schemes to fight po(cid:448)e(cid:396)t(cid:455) that fail to ta(cid:272)kle i(cid:374)e(cid:395)ualit(cid:455) (cid:449)ill al(cid:449)a(cid:455)s o(cid:374)l(cid:455) e(cid:448)e(cid:396) (cid:271)e (cid:858)(cid:271)a(cid:374)d-aid(cid:859) solutio(cid:374)s. Note the (cid:374)a(cid:396)(cid:396)ato(cid:396) said that (cid:858)these a(cid:396)e (cid:373)o(cid:396)e tha(cid:374) (cid:272)o(cid:373)pelli(cid:374)g (cid:374)u(cid:373)(cid:271)e(cid:396)s, these a(cid:396)e hu(cid:373)a(cid:374) li(cid:448)es(cid:859). This refers to the tendency in discussions about global poverty to quantify the experience numbers of people i(cid:374) e(cid:454)t(cid:396)e(cid:373)e po(cid:448)e(cid:396)t(cid:455), po(cid:448)e(cid:396)t(cid:455) (cid:858)li(cid:374)es(cid:859), et(cid:272). An economy for the 1%: how privilege and power in the economy drive extreme inequality and how this can be stopped. Oxfam is a large international ngo dedicated to poverty alleviation. It was founded in oxford in 1942 as a famine relief organization. In 2015, just 62 individuals had the same wealth as 3. 6 billion people the bottom half of humanity. This figure is down from 388 individuals as recently as 2010.