Globalization

/Tag: Globalization

5 reasons why income inequality has become a major political issue

Income inequality has captured America’s economic debate. President Donald Trump, elected with the votes of discontented blue-collar workers, slaps tariffs on allies and adversaries alike in the name of restoring yesterday’s middle-class manufacturing jobs. His 2020 Democratic challengers demand an array of federal initiatives, including higher minimum wages, tax hikes on the rich and reshuffling

40 Years of Data Suggests 3 Myths About Globalization

Three beliefs about globalization have propagated since the early 1980s. First, that globalization leads to a reduction in global inequality. Second, that high income growth among the richest will lift the incomes of the poorest. Third, that there is no alternative to rising inequality without turning our backs on trade and technology. The recently released  World

Income inequality has widened worldwide over the past 40 years

Global income inequality has worsened over the past four decades, a report finds, with the wealthiest 1 percent of the world’s population capturing twice as much income growth as the bottom half. The world’s middle class, made up mostly of people in North America and Europe, has by some measures fared the worst. Globalization has

The harsh truth about economic inequality, based on thousands of years of evidence

Income inequality has always been with us. Ever since humans started farming, some have done better than others. The pattern holds from the Stone Age through Ancient Rome to World War II. Has anything leveled the gap between the rich and poor? Walter Scheidel, a professor of Roman History at Stanford University, in his new

Why Globalcreate?

  From Trump pushing to change NAFTA, to the British electorate and their hobbling Brexit, to the tide of Islamophobia across the West, there’s one underlying commonality. The thread linking these diverse phenomena is a fear of losing one’s way of life to globalization. We are the most globalized generation in history, and every day we are

2017-05-22T04:08:45-05:00Tags: , |

Globalization Boosted Income Inequality, Study Says

Globalization's rise in recent decades has widened income inequality in the U.S. while padding executives' pockets, according to a study put out by the National Bureau of Economic Research that directly links globalized commerce with the country's prominent wage gap. Researchers from the University of Colorado–Boulder and Williams College in Massachusetts surveyed executive compensation at