Many people like to boast about the positive impacts globalization has had on the world overall. They point to examples of increased porosity of borders, a more interconnected world, boosting the global economy by increased competition, advances in technology and more opportunities for people to advance their status in society.[1]

For example, American Enterprise Institute Scholar Edward Conard argues that income inequality has huge benefits including promoting innovation and economic growth. During policy discussions Conard was quoted as saying “What is the upside of inequality? I would say that it’s a deep pool of properly trained, highly motivated talent that is endeavoring to create innovation that grows our knowledge-based economy.”[2]

In addition to those who point out the benefits of globalization, despite income inequality, there are those that do not belief income inequality is a problem. There are a handful of people who say that globalization and the spread of capitalism have not had negative effects on income. They argue that, on the whole, the average global income has increased.

An analysis by MGI found that over the past decade, all types of cross-border global flows have raised the world GDP by 10.1 percent.[3]

While there may be some merit to these facts, the negative ethical consequences of income inequality presented on this site far outweigh the beneficial impacts that globalization has on society as a whole. The process of globalization has escalated worldwide levels of income inequality to the point where the harsh realities of this discrimination are becoming apparent. Escalating global income inequity is a problem that must be addressed to reverse the existing education injustices, resource depletion and prevent further social division and disarray.

[1] “Positive and Negative Effects of Globalization”. March 23, 2015.

[2] “Why Income Inequality Might Actually Be A Good Thing.” 2016. InsideSources. October 11, 2016. http://www.insidesources.com/why-income-inequality-might-actually-be-good/.

[3] Kuepper, Justin. “Globalization: Good or Bad for Developed Countries?” The Balance, November 13, 2017.