Global Inequality

We should care about global inequality because if affects us all. Everything is becoming more and more connected and interdependent including economies and jobs. Global inequality has both positive and negative implications. One of the many issues when it comes to global inequality is who benefits? Those who benefit from the positive are unlikely to want or work for drastic change. Global inequality can be seen as a positive for big business. They are free to move their factories and other services from one country where the cost of doing business is high to another where the cost is much lower. The businesses bottom lines certainly benefit from this. That trickles down to the management, employees and the shareholders of the company. Consumers also benefit from global inequality because the prices of goods and services can be kept down. These benefits are part of what keeps the system going even though it may have negative implications. The people who now form the labor force may or may not benefit depending on working conditions and wages. The negative implications extend to the people who lost their jobs when the local factory moved. Global inequality is a puzzle with many pieces and won't ever be eliminated. As we become more and more global we need to work at managing the negative implications and keeping them to a minimum.