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Question

There is a view that absolute economic equality is neither possible nor desirable. It is argued that the most a society can do is to try and reduce the gaps between the richest and poorest members of society. Do you agree?

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Solution

Any answer supported with argument or explanation would solve the purpose. It is strongly recommended that you prepare the solution on your own. However, a sample solution has been provided for your reference:

  • It is correct that absolute economic equality is not possible even though it is desirable. The most a society can do is to try and reduce the gaps between the richest and poorest members of society to bring economic equality.

  • Society has different status, roles and ranks for its members so that it can function smoothly.

  • People achieve different ranks according to their capabilities and the rewards are equivalent to the work and responsibilities that are attached to their rank.

  • Therefore, absolute economic equality cannot be possible as inequality in income will remain in the society.

  • The gap between the richest and poorest members of the society can be reduced by providing equality in opportunity to everyone, regardless of their background.


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