Explain the Causes and Consequences of Globalization.

Poverty, Inequality, and the Causes and Consequences of Globalization No unread replies. No replies. Shipping containers and cranes at the Yangshan Deep-Water Port, Hangzhou Bay, China.This discussion addresses module outcome 1. After reviewing various readings, videos, and websites that examine globalization and inequality in the contemporary era, you will now assess these in this discussion activity. Increased globalization and increased income inequality (among other forms of inequality such as in healthcare, longevity, housing, etc.) have occurred at roughly the same time. How are we all to make sense of their interrelationship, if there is one at all. If globalization is responsible for income inequality’s growth, or at least part of the same problem, what would make a difference — income boosts to the poor (e.g., raising the minimum wage to $15/hour); more public works benefiting the poor; more ladders up in or through education; more constraints on freely mobile and punishing capital; or something else? What about more direct redistributions such as taxing and regulating the rich, spreading extra revenues therefrom on/to the poor; or government nationalization of valuable areas such as healthcare?