Global Educational Capitalization and Resource Scarcity in Developing Countries: Implications for Class Solidification
Abstract
This paper explores the effects of global education capitalization on resource scarcity in developing nations, exacerbating international class solidification. It focuses on unequal resource distribution, particularly in Western elite private education, hindering access for modest backgrounds. Soaring university costs burden financially constrained students. Drawing on Marxist theory and empirical data, it argues resource inequality intensifies social disparities. Case studies like the US highlight spending gaps, private market growth, and economic barriers to education and further illuminates the complexities of class mobility. The paper emphasizes that personal abilities, social capital, and educational opportunities play crucial roles in this process, but are often unfairly distributed. It underscores the need for policy interventions to address these inequalities, as the perpetuation of class structures through unequal educational outcomes threatens global prosperity, peace, and stability.
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