SUS1501 Assignment 4 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED

Well-structured SUS1501 Assignment 4 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).. So, in assessment 2, we reflected on a particular case involving great wealth - the R77 million a day that the wealthiest South Africans earned on average in the first half of 2024. In assessment 3, we reflected on very severe poverty and abuse in the supply chain of a global commodity - cobalt. In this assessment we are going to think about the possibility that these two issues -great wealth and great poverty - might be linked by focusing on the proposal in Assessment 1 that: "The wealth of a few depends on the poverty of many." To make this possibility really come alive though, we want you to consider two of the questions in assessment 1 together: "Of the top 10 wealthiest people (all men), seven are tech billionaires. Their net worth is US$ 1.1 trillion or ZAR 19 trillion" (To put this into a bit of perspective, the South African Government Employee Pension Fund, South Africa's biggest asset owner has somewhere between ZAR 2 and ZAR 3 trillion.) AND "60% of the world's cobalt is mined in the DRC. Significant amounts of this is mined under appalling conditions, often by child labourers." Well because of these: You see: • whether it's Elon Musk and his high tech electric cars or Mark Zuckeberg and his Meta, • whether it is Jeff Bezos and Amazon, or Bill Gate's Microsoft, ALL of the wealth of these tech billionaires is based fundamentally on lithium cobalt batteries. No cobalt, no lithium cobalt batteries. No lithium cobalt batteries, no tech billionaires. No child labour, a lot less cheap cobalt available for these batteries. These two scenarios are intimately linked. So it seems that in this case, "the extravagant wealth of a few depends of the awful miserable poverty of many". To me this poses an obvious question: Step 1: Answer the question "Is this ok?" 1. An analysis of the inequalities described above (child labour and tech billionaires) using ALL of John Rawls' principles in their correct order (remember that the order is very important); 2. A thorough analysis of the inequality described using John Rawls' veil of ignorance; 3. Your opinion on the inequality described; an 4. Your explanation of why you hold this opinion