Egalitarian Societies & Capitalism

Written by: Nahom Mamo, Edited by: Yazan Zidan

Created by Ayse Ece Ozgoren

In a world overflowing with poverty and hunger, what could be the answer that could be equal for all? A Creation of a world that cures poverty and world hunger. The answer for this is an Egalitarian Society where people are stable on economic terms. From a social and financial point of view, egalitarianism advances monetary upliftment among different classes of society. The egalitarian philosophy depends on guaranteeing equity of pay and balance of chance among the different areas of society. Material egalitarianism or economic egalitarianism depends on the rule that each individual in the general public is taught to approach assets and equivalent freedom to create wealth. The standards of economic egalitarianism additionally establish the base for the Marxist way of thinking and socialism. The basic standards being, group or normal responsibility for without private possession.

Three factors promote an egalitarian society; Neoliberalism from an economic viewpoint, the non-existence of a globalized world, and the downfall of classification based on ethnicity, race, and color.

The first advance into an Egalitarian society is to create a neo-liberalized market. The market must only be oriented by the demand and supply. This incorporates strategies, for example, "disposing of price controls, liberating capital business sectors, bringing down exchange boundaries" and diminishing, particularly through privatization and somberness, state impact in the economy... The state economy of one state must only be influenced by the demand and supply of the market, but the minimal intervention of the government in economic affairs.

In a free-market economy (Neoliberalism), financial egalitarianism depends on the rule of advancing private venture proprietorship. Private people and endeavors have the chance to make abundance by making ventures through private business and work. Consequently, people and ventures have a chance to bring in cash and make wealth.

A free-market economy advances entrepreneurs and ventures addressed by capital. A business visionary puts the capital in a business, offering labor and products to society. Essentially, various business people start a business, offering contending or various items. Both benefit the general public by supplying goods and the entrepreneur by making wealth. So one could be wealthy by working hard as well as supplying demands to the public and producing jobs, resulting in a win-win situation.

The most unequal sector of society in present times is Globalization. Globalization is the interaction by which thoughts, information, data, labor, and products spread throughout the world on an international scale. It opens a nation’s physical boundary, resulting in communication advancement and trades with other nationals and nationalities. Although Globalization has its advantages viz. decreasing the manufacturing costs of an item. Globalization spikes problems in the world unity against poverty and creating a non-egalitarian society by the means of:

• Globalization has made the rich more extravagant with poor people less fortunate. This could be taken as an example which in Europe is more developed and economically sustained than Africa. The working-class experience the most downsides all the while. Globalization itself is a peculiarity of agricultural nations, however, it doesn't diminish destitution.

• Abuse and botch of normal assets is one more disadvantage of globalization.

• The strength of incredible countries over the helpless ones likewise exists. In this way the as yet existing immature nations endure.

• Development of import/export imbalance and equilibrium of installment issues happens because of a larger number of imports than trades.

• Creates one country that will be hegemonic based on their wants and needs towards semi-peripheral and peripheral; will be the home base of what is called ‘’amoral familism’’.

The last and final act we can build up an egalitarian society is the characterization dependent on identity, sex, and shading. We need to nullify deciding individuals dependent on their actual nature. For quite a long time back and present occasions, individuals are decided by their obvious and deemed by their natural appearance. e.g. The American People (Caucasians) have deemed the individual black color of the country as ''ghetto and thugs'' (systematic racism). There are 44.78 individuals of black people in America. Racially stereo-typing this minority brings about the enormous reduction of workforce along these lines denying the money into a public despondency. According to the standard of Capitalism (major influencing political ideology in the world), the economy should negligibly increase by 3% with the end goal for Capitalism to work in a methodical way. In this way separating a minority will bring about the lessening of the affordable manageability and in most pessimistic scenarios the weakness of the country's political belief system.

All in all an egalitarian society is a nation where you reserve the privilege to say two in addition to two is five depending on whether right or wrong. It is the option to go out toward the beginning of the day and rebound at nightfall with equal pay, no discrimination, and equal rights. All residents are equivalent under the steady gaze of the law, with no contrast between the high-conceived and the yokel. The journey continues towards an egalitarian society all though it is not achievable overnight, it is achievable if we work with unity within generations.