POLS 2401 Lecture Notes - Lecture 12: Free Market, Ender Wiggin, International Inequality
Document Summary
As long as the standard of living is improving for those on the bottom, concerns about inequality tend to diminish. Extreme inequality perpetuates poverty and the concentration of economic and political power, and reduces economy efficiency: Inequality discourages the political participation of the poor: often prevents the building of proper functioning of impartial institutions, enables the wealthy to refuse to compromise politically or economically. Conflict (fuels resentment, violence, and drug trade) Globalists: increases economic growth and decreases inequality and poverty: cause of inequality is the low level of globalization of some countries, poverty can be reduced even as inequality increases. Inequality within a country is because of government policies (education, taxation, and social problems: emphasize that the amount of poverty has actually decreased. Freedom of expression science, innovation, interaction (not un solitarian or authoritarian societies) Social values men and women are equal: germany 2 yr. maternity leave.