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Overcoming Global Inequalities: Political Economy of the World System Annuals 34

Hunter Mitchell

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Global inequalities are a major challenge facing the world today. They are a source of poverty, conflict, and instability, and they undermine the progress that has been made in other areas, such as health, education, and environmental protection.

Overcoming Global Inequalities (Political Economy of the World System Annuals 34)

Overcoming Global Inequalities (Political Economy of the World-System Annuals Book 34)

by Joshua L. Cherniss

4.1 out of 5

Language	:	English
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The causes of global inequalities are complex and multifaceted, but they can be traced back to the political economy of the world system. The world system is a global system of production, distribution, and consumption that is dominated by a small number of powerful countries. These countries have used their power to extract resources from the rest of the world, and they have created a system that benefits them at the expense of others.

The consequences of global inequalities are devastating. They include:

Poverty: Global inequalities are a major cause of poverty. The poorest people in the world live in countries that are marginalized from the global economy.
Conflict: Global inequalities are a major source of conflict. When people feel that they are being treated unfairly, they are more likely to resort to violence.
Instability: Global inequalities are a major source of instability. When countries are poor and unstable, they are more likely to experience political and economic crises.
Underdevelopment: Global inequalities are a major obstacle to development. Poor countries are often unable to invest in the infrastructure and education that they need to grow their economies.

Overcoming global inequalities is a complex challenge, but it is one that we must face. We need to create a more just and equitable world system, one that benefits all people, not just the few.

There are a number of things that we can do to overcome global inequalities. These include:

Promoting fair trade: We need to promote fair trade policies that ensure that farmers and workers in developing countries are paid a fair price for their products.
Increasing aid: We need to increase aid to developing countries so that they can invest in the infrastructure and education that they need to grow their economies.
Reducing debt: We need to reduce the debt burden of developing countries so that they can free up resources for development.
Reforming global institutions: We need to reform global institutions, such as the World Bank and the International Monetary Fund, so that they are more responsive to the needs of developing countries.
Promoting human rights: We need to promote human rights so that all people have the opportunity to live a dignified life.

Overcoming global inequalities is a daunting task, but it is one that we must undertake. We need to create a more just and equitable world, one that benefits all people, not just the few.

References

Arrighi, G. (1994). The long twentieth century: Money, power, and the origins of our times. London: Verso.
Frank, A. G. (1966). The development of underdevelopment. Monthly Review, 18(4),17-31.
Wallerstein, I. (1974). The modern world-system: Capitalist agriculture and the origins of the European world-economy in the sixteenth century. New York: Academic Press.

Overcoming Global Inequalities (Political Economy of the World-System Annuals Book 34)

by Joshua L. Cherniss

4.1 out of 5