Karl Marx Theory Of Income Inequality Analysis

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Despite the favorable economic growth witnessed in Africa, poverty and inequality remain rampant. The economic growth should depict the improved well-being of citizens. Nevertheless, a large number of people remain poor in Africa. Income inequality remains one of the keys issues that should be addressed by the African leaders. Truly, the favorable average economic growth recorded by the African countries does depict the actual living standards of the people in those countries. As Byanyima explains, African countries would only realize the actual economic growth if income distribution disparity is addressed through the favorable tax system and controlled expenditure (2016). Karl Marx described poverty and inequality to be products …show more content…
Nevertheless, he has a different idea compared to Marx, who believes that equality would only be attained after the communism replaces capitalism. Durkheim believes that social problems such as the crime, inequality, poverty, and unemployment are normal. Thus, society cannot avoid the presence of the social facts. “They are things that exist in society, that are part of collectivity.” (Dillon 2014: 83) The social problems act as social facts worthy investigation about other social facts that causes their emergence. Thus, according to Emile Durkheim, inequality would always be present in the …show more content…
In Africa, the level of the poverty had increased beyond a level that made World Bank and International Monetary Fund raise an alarm. At this instance, the political leaders and policy makers take actions to address the matters. Byanyima recommended the adjustments to be made in the tax system, and the way expenditures are made (2016). In the traditional societies, it was easy to maintain the solidarity of the community than in the modern society characterized by the individualism. In the societies, every individual has his unique capability that results in high specialization. It is, therefore, evident individualism would be present in the society. Nevertheless, it should result in the cohesiveness of the society due to dependence among individuals. Byanyima had only considered the economic nature of the inequality in Africa (2016). Similarly, Karl Marx had related the wealth and to material possessions. Thus, the solutions to the inequality in are characterized by the equal distribution of the financial resources. Max Weber considered the inequality in a more advanced way by including other non-economic factors that contribute to inequality among them including political power and the social status. Weber notes that the adoption of communism as solutions to the impact of the inequality would result to increased social controls and

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