soci 2265 ch 2: critical views on social inequality

structural roots of inequality

strucutral roots of inequality is from historical colonialism, capitalism and imperialism

colonialism

the control and exploitation of a nation by aother one through settlement, economic domination and cultural enforcing

capitalism

economic system based on private ownership, profit and market competition

imperialism

the expansion of a country’s power and influence through diplomacy or military force

role of global institutions

organizations like the imf, world bank, wto, oftnen push policies that only benefit the global north and poorer nations lose economic sovereignty

neoliberal globalization

pushes free markets, deregulation, and privatization that drives inequality both between countries and within countries

global elite class and power

emergence of a transnational capitalist class that controls wealth and authority, prioritizes corporate profit above human rights and sustainability

consequences of social and enviornmental consequences

climate change, health disparities, forced migration, violence and conflict, and the most vulnerable demographic suffers the most