Why is it that the rich get richer and the poor stay poor?

There are numerous reasons there is still inequality that greatly widens the gap between rich and poor. First reason is the development of technology. As technology constantly enhances, middle-skill jobs get eliminated, such as filing and administration. As a result, people who are working in those kinds of jobs get fired and are replaced by the technology. So, people who are well-educated and adroit remain, while people who are working in low-paid jobs lose only financial support. On the other hand, the improvement of technology has been very effective in fields such as engineering and law so people with better skills are more likely to earn more. Second, according to Congressional Research Service, current taxation to wealthy people is decreasing which allows them to keep more of their income. Lastly, globalization has given the rich people the opportunity to broaden their knowledge. For example, the director of Tatanic, James Cemeron, make movies that are not only featured in US but in the world. As a result, local movie directors who have not gained worldwide fame have to suffer since movies made from developed countries are the ones that are receiving the full attention. 

Sources:

- http://www.thestar.com/business/2011/12/05/why_the_gap_between_rich_and_poor_in_canada_keeps_growing.html

- http://www.salary.com/why-the-gap-between-rich-poor-is-widening/slide/3/

Globalization 0, Question 2

'Growing interdependence of countries' 

'Increasing volume of cross-border transactions'

'Variety of cross-border transactions' 

'Increasing volume of international capital flows' 

'Widespread diffusion of technology'

'A 'perfect' image that summarizes the definition as a whole' 

Disaster Reflection (Typhoon Haiyan)

Disaster Reflection

1) How does the devastation brought from Typhoon Haiyan make you feel?

- The moment I heard about Typhoon Haiyan which is claimed to be the biggest typhoon in the year of 2013 heading toward the Philippines, I immediately rejoiced thinking that school on Friday would be canceled. I was hoping the typhoon would hit on Friday since I had Korean test and string performance. However, when I read and watched news about all the destruction typhoon caused, it was very terrifying. All the buildings in the area where typhoon hit were completely destroyed and many innocent people have died from this incident. I feel sorry for those who have lost their families or friends in just one day. Right now, I am embarrassed about my immature thoughts and sincerely hope that all the victims will recover as soon as possible.


2) How should people prepare for and respond to disasters like Typhoon Haiayan?

- Since, Typhoon Haiayan's route was predicted through the weather forecast, people who live near the targeted area should have moved to other place.