Since the Second World War, there has been a rise in globalization – “the face that different cultures and economics systems around the world are becoming connected and similar to each other” (Oxford Advanced Learner’s Dictionary, 2005, p.659). Based on the argument of transformationalists that “globalization is a powerful force impacting on the economic, social and political environment, but take a much less prescriptive stance as to what the outcomes of those impacts might be” (Ison & Wall, 2007, p.410), we can not deny the great opportunity that globalization has brought for the world, but it also leads to the question of global inequality. Dahlburg gives an example (as cited in Giddens, 2006) of a garment worker who mostly works with female labourers in Thailand. The women work about 15 hours per day, but earning only equivalent of 2 pounds per hour. Seen from this, not all of the humans can enjoy and benefit from globalization (Giddens, 2006). This essay will focus on economic inequality and explain the existence of economic global inequalities through aspects of inequitable scratch line, income and welfare, and trade among nations and internationals.
Inequitable scratch line
Inequality with scratch line includes three important factors: technology level, population growth and traditional cultural values. Compared to developed countries having high industrial development with high-tech, developing countries lack of the equipment to catch up such a region of high technology (Giddens, 2006). According to Giddens (2006), modern technology is difficult for poor countries to afford and result in a disparity which is called “technology gap” especially between developed and developing countries. Sachs (as cited in Giddens, 2006) thought that most of the tropical countries only held forty-seven of the 51,000 patents which are granted to foreign investors in United States during the year of 1997 and imports like computers, mobile phones fax machines...