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Globalization and Inequality - Essay Example

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and inequality stems from the fact that the post-colonial countries have less capital due to

factors such as the lack of industrialization that are more prevalent in the countries of

colonists utilizing their colonies' resources.


The definition of inequality rests on a difference in social stratification

(Haralombos & Holborn 2004:1) whereby a group or unit of persons are socially

conditioned to be within the lower ranks of society and at the bottom most living a life of

penury and hunger. According to Weber (Haralombos & Holborn 2004:12), class

stratification like Marx, was a social struggle to receive economic power. A person's

class situation was basically a person's market situation which in turn the economic

resources pooled by the upper and middle classes can be converted into social and

political power. In terms of a globalized economy in similar argument with Giddens was

that the Third World had by and large smaller resources in terms of economic power

which can be converted into social and political power compared to colonizing countries.

W.G. Runciman (Haralombos & Holborn 2004:14), utilized Marxist and Weberian

perspectives in analyzing social stratification. In this he argues that class structure within

a social stratum hinged on social roles. Within these social roles are groups of people that

'embody a recurring pattern' that had 'mutually shared beliefs'. What he meant was that

different classes hold distinct identities and roles of their class such as to situate them and

fully remain them within such and such a class. This is more akin to the self-prophecizing

effect prevalent in sociology.



In Weberian perspectives one of the more key features in arguing why

class inequality exists in...
One of the more stark realizations of globalization is that many of the countries termed within the sphere of the Third World belonged to those who were colonized from this argument we can proceed that many of the sources of inequality that pervades the globalized third world could be traced back from colonial administration.After the Second World War many countries especially under colonial powers began to form their own centralized bureaucracies especially in most parts of what we call the Third World, nationalism under colonial education was wrought and with it intellectuals began to realize that they needed to form countries where they were their own masters and especially the natural resources of their countries benefited their own people and not foreign masters who utilized it for their own.Conclusively, the argument give by Weber, Tumin and Giddens adds to the difficult question as to why the world is allowing capitalism and class polarization to grow and creating a dependent working and under class. The situation today is similar to the difficulties that were faced by blue collar workers during the beginning of industrialization and that of the peasants in feudalistic society. The vicious cycle of poverty is continuous and by and large the inequality faced by the Third World compared to the highly industrialized countries will continue to expand. ...Show more
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Summary

One of the more stark realizations of globalization is that many of the countries termed within the sphere of the Third World belonged to those who were colonized from this argument we can proceed that many of the sources of inequality that pervades the globalized third world could be traced back from colonial administration…
Globalization and Inequality
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