Mexico has over 47% of its population (53 million in 2011) below the poverty line while at the same time, Carlos Slim, the richest man in the world and of Mexican origin, has a fortune worth US$69 billion. This situation is unsustainable in the long run, specially if Mexico aspires to become a developed country within the next 30-50 years.
Jim Airola has written: 'Wage inequality in post-reform Mexico' -- subject(s): Economic conditions, Economic policy, Income distribution, Postsecondary education, Wages
Marx's analysis of economic inequality focuses on the progressive tax system.
Matthew Hammill has written: 'Income inequality in Central America, Dominican Republic and Mexico' -- subject(s): Economic conditions, Income distribution
Social inequality affects economic inequality, or perhaps better said is how does social inequality affect the economics of a nation. Either way, in a nations practice of treating particular ethnic or racial groups unfairly results in a tendency to have these people in low paying jobs. The people who are treated as unequals allows their talents and expertise to not be used in filling jobs that would enhance a nations economics. The bottom line is the more inequality at social levels creates an unequal economic situation.
Conspicuous consumption.Which refers to spending on expensive goods and services in order to signal wealth to others. The correlation between wealth and superiority is one way economic inequality can lead to social inequality.
Accepting racial inequality in return for economic opportunity
Monterrey , Mexico. ( Municipality , San Pedro Garza Garcia )
something that causes finacial inequality for certain ethnic groups
Frank Stilwell has written: 'Economic inequality' -- subject(s): Economic policy, Income distribution
Its
One main argument is that modernization can exacerbate inequality by concentrating wealth and power in the hands of a few individuals or corporations. On the other hand, proponents of modernization argue that it can create opportunities for economic growth and development, ultimately reducing poverty and inequality over time. The relationship between inequality and modernization is complex and multifaceted, influenced by various social, economic, and political factors.
Mexico