Inequalities exist in all economic and political settings. They are rooted on the disparity between those who control capital and the labour force. Capitalists and other parties are entangled in stiff competitions leading to inequalities in economies.
Inequalities exist in all economic and political settings. They are rooted on
the disparity between those who control capital and the labour force. Capitalis
ts and other parties are entangled in stiff competitions leading to inequalities in
economies. The imbalances existing in different classes, social settings and pr
ofessionalism lead to significant inequality in incomes and access to legal and
health (Esping-Andersen & Myles., 2009). This is echoed by Amnesty Internat
ional on twitter on 25th of December 2019 on the trend “inequality”. The hum
an rights activists group went ahead to stress that with inequality, injustice and
hate speech is more prevalent globally. This paper will seek to shade light on
the political influence in addressing the issue of inequality as a function of in
come distribution, technology and modern times globalization. Afterwards, polic
ies on inequalities, how taxation strategies are implemented, service provisions
and capital redistribution may feature.
The Role of Inequality
Inequality in a political context as in Rousseau, Sen and Mark theories is
a strong foundation to criticize current economic and political plans and orders
in place taking capital as a major reason for inequities and a probable redistri
bution by political forces. Marxist and Keynesian considers the concept of ineq
uality as a product of labour and labour force distribution. Mark argues that th
e contradiction is as a result of existing potentiality for progress by capital ind
ustrialists, wealth and to a greater extent their respective outcomes. Increase in
inequalities plays a role in as far as management of demand and attempts to
cut down accumulation of factors of production. Keynesian based economics all
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller angwensteve. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.61. You're not tied to anything after your purchase.
