Does globalization inherently increase inequality or can it be made to work for the poor?
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| Submitted: Fri Jan 28 2005
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Does globalization inherently increase inequality or can it be made to work for the poor? I aim to explore in the following essay the contentious issue of inequality inherently increasing amongst the poor because of globalization. The advocates of globalization will argue that it brings the chance of prosperity to the impoverished corners of the world. This view is furthered by many commentators and market based economists' would suggest that trade liberalization has benefited the so called poorer countries as it opens up opportunities and advantages all states. On the other hand opponents of globalization believe it is the cause of growing poverty and inequality in the world as union leader Jay Mazur put it in (Foreign Affairs), "globalization has dramatically increased inequality between and within nations" ("Labor's New Internationalism," January/Febuary 2000) (cited in Held et al, 2003, 447). This statement could be advanced by reports from the United Nations (cited...

