Within the last few decades, some believe that “21 st Century globalization has an elephant in the room.

It is that industrialization, having elevated the developed world to middle-class mass consumer status, is
now moving in space to the former colonies and time to the 19thcentury in terms of labor costs and
conditions.” It seems as if the modern world system is moving back to its era of colonization for
promoting unequal power-relations between the global North and the global South. Of course, this
notion holds the truth as the North is home to the powerful, global leaders who shaped the world
structures and institutions under their capitalist free-market ideology. Meanwhile, the less developed
ones usually lose in these exchanges.

Economic growth of less-developed economies is key to closing the gap between rich and poor
countries. Differences in the economic growth rate of nations often come down to differences in inputs
(fators of production) and differences in TFP—the productivity of labor and capital resources. Higher
productivity promotes faster economic growth, and faster growth allows a nation to escape poverty.
Factors that can increase productivity (and growth) include institutions that provide incentives for
innovation and production. In some cases, government can play an important part in the development
of a nation’s economy. Finally, increasing access to international trade can provide markets for the
goods produced by less-developed countries and also increase productivity by increasing the access to
capital resources.

It may be that for there to be rich countries, there must be poor countries, with complex reasons and
activities to keep them poor. Competition for resources must be suyppressed, economic growth
controlled and leavened.

In the UK benefits are provided for the unemployed, sick, vulnerable, poor but this is usually within
‘punishment’ constructs or in ways that they can never escape from poverty. Often they are demonised,
particularly by the right wing press. But wealthy countries require large sections of the population to
receive little, thereby minimising and controlling cash flow, andrestricting opportunities-often to a large
but identifiable elite.

The fact is that we live in a world of inequality, and the gap between rich countries and poor countries is
growing as measured by some…

As far as inequality between nations is concerned, there isn’t much people or nations can do because we
don’t have a global government that can address this.