Which amongst the following theory affirms that inequality is socially constructed and can be eradicated ? 

  1. Rational Choice Theory 
  2. Theory of Systems Analysis 
  3. Marxism 
  4. Conservatism 

Answer (Detailed Solution Below)

Option 3 : Marxism 

Detailed Solution

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The correct answer is - Marxism

Key Points

  • Marxism
    • Marxism is a theory developed by Karl Marx and Friedrich Engels which argues that inequality is a result of social structures and economic conditions.
    • It posits that the capitalist system inherently creates class divisions and exploitation.
    • According to Marxism, these inequalities can be eradicated through a revolutionary change that abolishes capitalism and establishes a classless society.
    • Marxists believe in the collective ownership of the means of production, which would eliminate the class system and the social inequalities that arise from it.

Additional Information

  • Rational Choice Theory
    • Rational Choice Theory assumes individuals make decisions based on the rational calculation of maximizing benefits and minimizing costs.
    • It does not focus on social inequalities and does not propose strategies for eradicating them.
  • Theory of Systems Analysis
    • Theory of Systems Analysis is a methodological approach used to understand complex systems and their interactions.
    • It is not specifically concerned with social inequalities or their eradication.
  • Conservatism
    • Conservatism is a political philosophy that emphasizes tradition, social stability, and the preservation of established institutions.
    • It generally accepts social hierarchies and does not advocate for the eradication of social inequalities.
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