A hierarchy is an organizational structure in which items are ranked according to levels of importance. Most governments, corporations and organized religions are hierarchical.
Egalitarianism is the general idea of equality . The egalitarian idea is that people, no matter what their race, gender, religion, etc., are all equal in value. Egalitarianism in politics means that both male and female are equally capable of holding an office.
This does not amount to an ethical system, though. It has no standard of value. It is the belief that value should be split evenly, but it says nothing about what those values are. Egalitarianism rides piggyback on other ethical systems.
Egalitarianism is just a mask for the hatred of the good. It is not concerned with the well-being of anyone. It only cares that everyone is in the same position, even if that position is starving and helpless.
Modern companies often claim to embrace the egalitarian and disdain hierarchy. They like to boast that they have no reserved parking spaces, no executive dining rooms, everyone working together on a first-name basis and modest cubicles for all employees — even C.E.O.s like Meg at eBay, and John at Cisco.
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Egalitarianism is a belief that we treat each other fairly and afford everyone certain fundamental rights.
Hierarchy is a belief that certain people should have more rights and benefits than others. Monarchies are a type of hierarchy.