economic equality
Fair resource distribution
Economic equality is the condition where people have similar levels of wealth, income, or access to economic resources.
Full economic equality—where everyone has exactly the same—exists mainly as a theoretical ideal.
In practice, discussions focus on degrees: reducing the gap between rich and poor, ensuring equal opportunity, or providing universal access to basic needs like healthcare and education.
The tax policy was designed to promote economic equality.
- social safety netsPublic programs preventing destitution
- level playing fieldEqual competitive conditions
- pay equityEqual pay for equal work
- progressive taxationRates increase with income
- fair shareEquitable part owed
tax the rich · income redistribution · inheritance tax · minimum wage · egalitarianism · class mobility · social mobility · closing the gap · living wage · living standards · collective bargaining · universal basic income · anti-discrimination laws · wealth tax · land reform · wealth redistribution · reparations · salary caps
- equalityegalitarian, egalitarianism, equity, equitable, parity
- Utopiaideal society, perfect world, utopian fiction, harmony, communal living
- civil rightsCivil Rights Act, right to life, Voting Rights Act, civil liberties, desegregation
- communismMarx, Marxism, Leninism, Lenin, proletariat
- socialismMarxism, communism, proletariat, bourgeoisie, communal ownership
- American SocialismSocialist Party, democratic socialism, Bernie Sanders, Sanders, socialist
economic equalityeconomic inequality
Uneven distribution of resources
wealth inequality · income inequality · economic disparity · wealth concentration · economic imbalance
economic equalityplutocracy
Rule by the rich
oligarchy · social stratification · class division · caste system · aristocracy
economic equalityeconomic exploitation
Profiting through others' disadvantage
dynastic wealth · wage slavery · poverty trap · glass ceiling · economic discrimination
equal, economy, equality, economic, equals, economical, economics, equalize, economize