| Issue |
SHS Web of Conf.
Volume 193, 2024
2024 International Conference on Applied Psychology and Marketing Management (APMM 2024)
|
|
|---|---|---|
| Article Number | 04009 | |
| Number of page(s) | 5 | |
| Section | Culture and Social Studies | |
| DOI | https://doi.org/10.1051/shsconf/202419304009 | |
| Published online | 06 June 2024 | |
The Inequality Caused by Economic Globalization
Capital University of Economics and Business, Finance and Taxation Institute, No. 121 Zhangjia Road, Beijing, China
* Corresponding author: wanghuixia@sinochem.com
Economic globalization has caused an increase in inequality between developed and developing countries. This essay will interpret the impact economic globalization has on inequality, the cause of this phenomenon, and give out suggestions for developed countries to decrease inequality by studying the case of French and Niger cooperating in Uranium mining. France, with advanced technology and massive demand for Uranium, cooperates with Niger which is a poor biased country but preserves massive amounts of Uranium. Uranium mining in Niger has caused income inequality, environmental inequality, and inequality of work conditions. Because Uranium mining created radiation and pollution which is harmful to both workers and the environment, and Niger gets profits that are lower than the average price while France gains the massive electricity produced by Uranium at a low price. The essay will explain the increase of inequality through the theory of inequality exchange, a central concept in the investigation of world system theory, and it is also a classic problem in foreign Marxist development economics research.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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