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Economic Globalization and Social Inequality

by Daniel Johnson 1,*
1
Daniel Johnson
*
Author to whom correspondence should be addressed.
Received: 31 January 2020 / Accepted: 20 February 2020 / Published Online: 22 March 2020

Abstract

Economic globalization has been a defining characteristic of the late 20th and early 21st centuries, reshaping the economic landscape and influencing social structures across the globe. This paper examines the intricate relationship between economic globalization and social inequality. It argues that while globalization has brought about increased trade, capital flows, and technological advancements, it has also exacerbated social disparities. The analysis focuses on the impacts of globalization on income distribution, labor markets, and access to resources. The paper finds that globalization has led to a concentration of wealth among a few, widened the gap between the rich and the poor, and contributed to the marginalization of vulnerable groups. Additionally, it discusses the role of government policies, international institutions, and social movements in mitigating the adverse effects of globalization on social inequality.


Copyright: © 2020 by Johnson. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
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APA Style
Johnson, D. (2020). Economic Globalization and Social Inequality. Frontiers of Humanities & Social Sciences, 2(1), 7. doi:10.69610/j.fhss.20200322
ACS Style
Johnson, D. Economic Globalization and Social Inequality. Frontiers of Humanities & Social Sciences, 2020, 2, 7. doi:10.69610/j.fhss.20200322
AMA Style
Johnson D. Economic Globalization and Social Inequality. Frontiers of Humanities & Social Sciences; 2020, 2(1):7. doi:10.69610/j.fhss.20200322
Chicago/Turabian Style
Johnson, Daniel 2020. "Economic Globalization and Social Inequality" Frontiers of Humanities & Social Sciences 2, no.1:7. doi:10.69610/j.fhss.20200322

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ACS Style
Johnson, D. Economic Globalization and Social Inequality. Frontiers of Humanities & Social Sciences, 2020, 2, 7. doi:10.69610/j.fhss.20200322
AMA Style
Johnson D. Economic Globalization and Social Inequality. Frontiers of Humanities & Social Sciences; 2020, 2(1):7. doi:10.69610/j.fhss.20200322
Chicago/Turabian Style
Johnson, Daniel 2020. "Economic Globalization and Social Inequality" Frontiers of Humanities & Social Sciences 2, no.1:7. doi:10.69610/j.fhss.20200322
APA style
Johnson, D. (2020). Economic Globalization and Social Inequality. Frontiers of Humanities & Social Sciences, 2(1), 7. doi:10.69610/j.fhss.20200322

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