Equality

Question

Explain economic equality

Answer

According to Lord Bryce economic equality is, “the attempt to expunge all differences in wealth, allotting to every man and woman equal share in worldy good.” It means that wealth should be enjoyed equally by all. It also implies abolition of poverty. If primary needs of an individual are not fulfilled there cannot be real democracy. Political equality is said to be meaningless unless it is accompanied by economic equality. In the communist countries emphasis has been given on economic equality. 

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