Inequality

Theory Bites: Development, Underdevelopment and Dependency

The contemporary common language of development divides the world between developed and underdeveloped countries. This common-sensical classification also guides us to think of the two groups as rich and poor. Or even further, that the developed world, despite its imperfections, is “fine” and its people are happy—they represent the way human society should generally be—while the underdeveloped, for whichever reason, has just fallen behind—its people suffer and are not an example of what we’d like to see for humanity. The assumption is that everyone would prefer to live in a city, drive their car to work, and enjoy air conditioning and washing machines, since humans can and should “achieve” much more than washing their clothes by hand or farming for their own survival.

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Is intelligence based wage discrimination wrong?

Currently many countries are passing anti-discrimination laws for the employment sector. It is increasingly considered morally wrong to pay someone less based on their genetically or environmentally determined traits, such as race, gender, age and certain mental or physical disabilities. However there is one trait that is universally left out of this anti-discrimination trend and that is intelligence; An intelligence based salary system remains completely acceptable despite the fact that we have little more control over our level of intelligence than our gender.

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Guest Roast: From Crisis to Resilience: Rethinking Macroeconomic Vulnerability

By Anuradha Seth

The frequency of global financial and economic crises has increased over the past decade and a half, and they appear to have become a systemic feature of the international economy. The risk of economic growth and human development achievements being undermined by such volatile international developments is fostering an overall re-think about the inner nature of crises, the growing vulnerability of developing countries and their capacity to be resilient in the face of these shocks. Read More »

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