globalisation created global poverty/inequality

Cards (6)

  • Theme 1: For - economic globalisation
    • harms the world's poor because jobs created are low paid and bad working conditions
    • rana plaza collapse 2013 - bangladesh, structural failure when 8 story building collapsed killing 1,134 (some children) approximately 2,500 injured
    • considered deadliest garment factory disaster
    • global corporations to cut cost, send jobs abroad without additional safeguards and employment rights subject to in the west
  • Theme 1: Against
    • unsafe job is better than no job at all, as people need money and may be only job to offer
    • companies have the moral obligation - more than enough money to offer fair wages and safe conditions but choose profit over people
    • many companies subscribe to fair trade standards
    • ben and jerry's ice cream - source its raw ingredients from farmers by paying a competitive wage, co-op - only sources fair trade cocoa for its chocolate
    • companies under more conditions and restrictions such as safety of working locations, minimum working age in places like bangladesh
  • Theme 2: For - poverty
    • oxfam reports - poorest half of the world became 11% poorer, whilst billionaires fortune rose 12% or $2.5 billion every day
    • 8 men own more wealth than half of the world and 1 in 10 people survive on less than $2 a day
    • 7/10 people live in a country that has a seen a rise in inequality in last 30 years
    • 1988-2011 income of the poorest 10% increased y just $65 whilst income of richest 1% grew by $11,800 per person (182 times as much)
    • rule of thumb - much more likely to get higher paying job with more qualifications - some with less opportunities to get qualifications
  • Theme 2: Against
    • nearly 1.1 billion fewer people living in extreme poverty than 1990
    • globalisation has bought entire countries out of poverty
    • merchandise trade as a share of world GDP grew from around 30% in 1988 to around 50% in 2013
    • 2001, US - vietnam free trade agreement reduced poverty in vietnam by increasing wage premiums in export sectors, spurring job reallocation from agriculture, forestry and fishing into manufacturing and stimulation enterprise job growth
    • in period of rapid globalisation average income grew by 24% globally, global poverty headcount ratio declined 35% to 10.7%
  • Theme 3: For - corruption has become easier
    • economic globalisation made 'facilitation of corruption easier'
    • corruption can be facilitated though click of a button unlike in the past (transporting large sums of money across borders)
    • sub saharan africa remains poor because of corruption e.g. nigeria
    • goodluck jonathan administration - embezzled more than $6 billion while in office
    • former NSA, sambo dasuki supervised the looting of $2 billion in funds meant for procurement of arms for nigeria military
    • former dictator sani abacha believed to have stolen $5 billion from nigeria
  • Theme 3: Against
    • countries working to fix these gaps in law
    • uk and russian money
    • u has recently passed a law to confiscate money than has come through suspicious means
    • uk housing market has been tightened up