POL208Y1 Lecture 7: Week 7 Lecture: Inequality – Material
3 Nov 2016
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Document Summary
Pol208 week 7: inequality material (october 25 lecture) In ir, we can look at meterial inequality from international political economy (ipe) perspective: linking economics with politics to explain how winners and losers are created. Economic outcomes via politics and vice versa: states, groups in states (skilled v. unskilled labor, different economic sectors, transnational groups. Did(cid:374)"t (cid:271)e(cid:272)o(cid:373)e sta(cid:374)dard i(cid:374) ir u(cid:374)til (cid:1005)97(cid:1004)s: subfield. Some ipe issues: trade, currency exchange and monetary policy. Inequality underpins most human societies, whether it"s material or social: extreme inequality is counterproductive, but some inequality is probably unavoidable (and perhaps good) Who can do anything about rampant inequality: states, multinational and domestic corporations. Interest groups (domestic), ngos (global, international: social movements. Is there any inequality now: property security - unstable. If gov. can guarantee property security --> people now they will be rewarded. Inequality in general is persistent, but it"s getting smaller: humanity in general is living longer. But the experience of that long life differs.
