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ACHIEVING GLOBAL PEACE AND EQUALITY: THEORY OF LIMITED PURCHASING POWER AND ECONOMIC PARITY


Article Information

Title: ACHIEVING GLOBAL PEACE AND EQUALITY: THEORY OF LIMITED PURCHASING POWER AND ECONOMIC PARITY

Authors: Dr. Ghulam Abbas

Journal: Academic Journal of Social Sciences

HEC Recognition History
Category From To
Y 2024-10-01 2025-12-31
Y 2023-07-01 2024-09-30
Y 2022-07-01 2023-06-30
Y 2020-07-01 2021-06-30

Publisher: Lahore Garrison University, Lahore

Country: Pakistan

Year: 2025

Volume: 9

Issue: 1

Language: en

DOI: 10.54692/ajss.2025.912289

Keywords: unequal resources distributioninequalitylimited purchasing powereconomic parityglobal peace

Categories

Abstract

The unequal distribution of wealth and resources poses significant ethical, social, and economic challenges, contraindicating the belief that Allah has created the universe equally for all of us. This disparity allows a minority to control the majority of resources, leaving vast populations deprived of basic needs and opportunities, such inequality perpetuates cycles of poverty, social unrest, and moral degradation, hindering the collective progress of humanity. The problem is rooted in systemic matters such as exploitative economic practices, corruption, and the absence of fair policies to ensure equitable access to resources. Addressing this issue requires a multi-faceted approach. Individually, embracing principles of charity and social responsibility can help bridge gaps. At the same time, systemically, governments must adopt policies like progressive taxation, equitable education, and social welfare programs to redistribute wealth and opportunities fairly. By fostering a culture of inclusivity, shared responsibility, and accountability, societies can align human endeavors with divine wisdom. This ensures that the resources and blessings bestowed upon humanity are utilized to create a just equitable world, where every individual has the opportunity to thrive.


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