GEO 607 Lecture Notes - Lecture 12: Neoliberalism, Economic Restructuring, Social Polarization
Document Summary
Economic restructuring: the phenomenon of western urban areas shifting from a manufacturing to a service sector economic base. Social polarization: the segregation within a society that may emerge from income inequality, real- estate fluctuations, economic displacements etc. and result in such differentiation that would consist of various social groups, from high-income to low-income. Inequality, a small portion of people have a large share of the wealth (1%) Polarization, a disappearing middle class: two groups, one wealthy and one poor of roughly equal size. Despite the growth of the canadian economy, canadian cities are experiencing growing social disparities and social inequalities can measure social inequality by the gini-coefficient. Ranks high on the un human development index. Historically strong and diverse economy, high wages, and investment in health care. Generally, strong support for multiculturalism and immigration. Economic restructuring and shifts in public policy have results in increased inequality in canada.
