plsc117_4808

plsc117_4808 - Global Inequality 4/8/2008 8:36:00 AM...

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Global Inequality  08/04/2008 07:36:00 Preview: ??? Global inequality—domestic and international reasons. (Thursday is the  international reasons) Global Inequality Difference between income GDP/population o In 2006, a gross majority were in lower categories (lower and lower  middle income).
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H U L Low  Inco me U H India G T C
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S ( C
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o Richest and Poorest States in 2006
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Rich est Poorest Luxe mbo urg  ($76 ,040 ) Burudi  ($100) Nor way Congo  ($130) Swit zerla nd Liberia  ($140)
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Den mar Malawi  ($170)
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o Countries can movie from brackets—low income to high income (Like  South Korea. Used to be in low income) o Life expectancy rate in lower-income countries can be almost 20 years  shorter. One reason for this is infant mortality.  o Associated gap and standards of living o Is the gap shrinking? Not really.  Speed in which the U.S. is getting wealthier is increasing the  gap.  Explanations for Global Inequality Are some people better than others? o Racist explanation with no scientific basis. o Different societies richer and more politically powerful at different  times. Europeans had constructed this idea, however, up until 1500s  Europe was sort of back water. Poor countries are “developing” o Countries are in different stages. (Not countries are better than others).  o Walt Rostow’s Stages of Growth: (Based off Britain) 1) Traditional Rostow believed all countries started out in a traditional  mode. In traditional societies there is no social mobility,  and people are restricted. As you move up the stages these barriers are broken. 2) Transitional Society begins to go through the commercialization of  agriculture. (Accumulate wealth trough specialization,  and selling agriculture) 3) Take-off ??? 4) Self-sustaining Manufacturing industries are able to finance themselves 5) Mature
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Growth would eventually level off because you would  have exploited all the advantages you could get, and  shed all values associated with traditional society. Problems of Rostow’s argument:
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plsc117_4808 - Global Inequality 4/8/2008 8:36:00 AM...

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