Economic Justice: A Path to Peace
Fakhruddin Bhuiyan
Founder & CEO at Symmetric PR | Champion of Economic Justice & Human Rights ?? | Advocate for a Fairer World ??
In today’s world, just 26 people hold more wealth than the poorest 3.8 billion combined, according to Oxfam ’s "Time to Care" report. This shocking statistic shows how connected global peace and economic justice really are. When wealth is so unevenly distributed, it’s not just unfair—it also fuels conflicts.
As we see more inequality and rising tensions, it’s clear that addressing these economic gaps isn’t just about fairness—it’s about building a more peaceful and stable future. But can economic justice really help prevent the conflicts we see today? And what happens when this essential fairness is missing?
Why Economic Justice Matters
Economic justice means making sure that resources, opportunities, and privileges are shared fairly. Imagine how frustrating it must be for people who work hard but still struggle, while a few at the top control so much wealth.
According to Oxfam , the richest 1% own more than twice as much wealth as 6.9 billion people combined. This level of inequality isn’t just wrong—it creates tension that often leads to unrest and conflict.
Studies back this up. The United Nations has found that countries with high levels of income inequality are twice as likely to experience civil wars. The The World Bank Group even suggests that reducing income inequality by just 1% could prevent nearly 60 conflicts over the next decade. These aren’t just numbers—they represent real lives that could be saved and communities that could thrive.
On top of that, the wealthy often use a large share of the world’s resources without giving back their fair share to society. This imbalance makes inequality worse and harms the stability of our communities. When a small group benefits so much while contributing little to the common good, it creates resentment and instability.
How Economic Justice Can Reduce Conflict
While economic justice alone might not end all wars, it can significantly reduce the root causes of conflict. Many of today’s wars come from deep economic instability and inequality. Take Syria, for example—poverty, unemployment, and environmental challenges played a big role in sparking the conflict there.
In a world where economic justice prevails—where everyone’s basic needs are met—people would be less desperate, and violence would be less likely. Imagine a society where everyone has access to education, healthcare, and a fair wage. In such a world, the reasons for conflict would decrease, replaced by the hope and stability that come from having one’s needs met.
Building a Stronger, Fairer Society
Economic justice isn’t just about avoiding conflict; it’s about building a society where everyone feels they belong. Look at countries like Norway or Sweden, where economic fairness is a priority. These nations have high levels of trust, community involvement, and overall well-being. People there don’t just survive—they thrive because they feel they have a stake in their society.
But when economic justice is missing, society suffers. A 2020 study by the International Monetary Fund found that inequality hurts economic growth, lowers life expectancy, and leads to social instability. When people feel left out or pushed aside, it breaks down the trust and cooperation that hold communities together, leading to higher crime rates, political unrest, and, ultimately, conflict.
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The Cost of Ignoring Economic Justice
When we ignore economic justice, the consequences are serious. Inequality traps people in cycles of poverty, where access to education, healthcare, and opportunities is limited. The World Health Organization (WHO) reports that in low-income countries, life expectancy is 18 years shorter than in wealthier nations. This isn’t just a statistic—it’s about millions of people living shorter, harder lives because they lack the resources others take for granted.
Economic injustice also weakens our democracies. When wealth is concentrated in the hands of a few, those few can have too much influence over politics, leading to policies that favor the rich and keep inequality growing. This makes many people feel like their voices don’t matter, deepening divisions and increasing the chances of unrest. And when the wealthy don’t contribute their fair share to society, it only widens the gap, leaving the system even more fragile.
What Can We Do? Making Economic Justice a Reality
The idea of achieving economic justice might seem overwhelming, but change starts with small steps. One of the most powerful tools we have is our voice. By talking about economic justice, raising awareness, and supporting fair policies, we can start to shift public opinion and influence those in power.
Empathy is also key. By understanding the struggles of those who are economically disadvantaged, we can better advocate for change. Simple actions—like buying fair trade products, volunteering, or educating others—can help build a broader movement toward economic justice.
A Call to Action
Economic justice isn’t just an ideal—it’s a necessary step toward a more peaceful world. By addressing economic disparities and ensuring that the wealthier members of society contribute their fair share, we can reduce the factors that lead to conflict and create a society where everyone has the chance to thrive.
Yes, the task is challenging, but it’s not impossible. Symmetric PR is committed to being a catalyst for economic justice, driving efforts to build a fairer world for everyone. We aim to lead by fostering awareness, empathy, and collective action.
Our mission is to bring people together to create a society where economic justice is a reality. Together, we can pave the way for a future where peace and prosperity are accessible to all, not just a privileged few.
The world is watching, and change is possible—but it starts with you. Will you join us in this important mission to make economic justice a reality and help pave the way for lasting peace?