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The Concept of Marginalization
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Williams, C. A critical evaluation of the marginality thesis. Open Urban Studies and Demography Journal, 3 1. ISSN
Open Urban Studies and Demography Journal
The theory of marginality in social economics, first coined in by Robert Park in his work "Human Migration and the Marginal Man," attempts to explain inconsistencies in the perceived value of individuals via reference to their social class or ethnicity, race or culture. Cultural marginality, for example, refers to the dilemmas of cross-cultural contact and assimilation. In standard economics, marginalism is a theory that attempts to explain the discrepancy in the value of goods by reference to their secondary utility. According to this theory, diamonds are more expensive than water because even though water holds more total utility, the satisfaction of the diamonds — that is, their marginal utility — is enough to inflate the price past that of water. As transport technology and readiness increases globally, the theory of marginality holds more and more relevance, since people of varied ethnicity, gender, nationality and culture commonly reside in the same locations.
The study shows how the policies affect their lives and the population which was continuously growing Fainstein, The study showed a critic on the existing paradigm of the time related to the migrants of rural-urban and the communities that are scattered and built their own way when there's no affordable options. The author spent and lived 18 months in the slums to experience the lives of the people living there.