📋 Written Ability Test (WAT)/Essay Analysis Guide: The Moral Implications of Wealth Accumulation in an Unequal World
🌐 Understanding the Topic’s Importance
This topic explores the ethics of wealth in an era of unprecedented inequality, examining its alignment with B-school themes like governance, sustainability, and leadership.
📝 Effective Planning and Writing
- ⏱️ Time Allocation:
- Planning: 5 minutes
- Writing: 20 minutes
- Reviewing: 5 minutes
💡 Introduction Techniques for Essays
- Contrast Approach: “While wealth drives innovation, the global wealth gap threatens to destabilize societies, as evidenced by increasing poverty rates and social unrest.”
- Solution-Based Approach: “Ethical wealth accumulation is possible when it aligns with societal progress, as demonstrated by successful CSR initiatives globally.”
📊 Structuring the Essay Body
🏆 Achievements
Highlight wealth-driven innovations, philanthropy, and job creation.
⚠️ Challenges
Address systemic inequality, social consequences, and tax avoidance.
🔮 Future Outlook
Propose ethical wealth redistribution mechanisms.
📄 Concluding Effectively
- Balanced Conclusion: “The moral implications of wealth accumulation necessitate a balanced approach, ensuring innovation while addressing inequality.”
- Global Comparison Conclusion: “Lessons from equitable systems like those in Scandinavia can guide the ethical use of wealth.”
🚀 Recommendations for Sustainable Progress
- ✅ Implement global wealth taxes to fund social programs.
- 🔍 Encourage transparent CSR policies and ethical investment practices.
✍️ Sample Short Essays
⚖️ Balanced Perspective
“Wealth accumulation offers growth potential but must be regulated to ensure ethical fairness in resource distribution.”
🔧 Solution-Oriented
“Governments and corporations must collaborate on progressive taxation and inclusive development initiatives.”
🌏 Global Comparison
“Scandinavian models showcase how equitable wealth policies ensure both prosperity and societal harmony.”