income equality
Uniform earnings distribution
Income equality is a state in which wealth and earnings are distributed evenly across a population, with minimal gap between highest and lowest earners.
The term appears in policy discussions and economic analysis, often as a goal or ideal: The new tax policy aims to promote income equality.
Compare income inequality, which describes the gap itself.
- living wageIncome covering necessities
- working poorEmployed but below comfort
- poverty alleviationReducing extreme economic need
- social safety netPublic programs preventing destitution
- wealth distributionHow prosperity is shared
fair share · progressive taxation · tax the rich · social equity · equal opportunity · economic justice · social inclusion · closing the gap · labor rights · economic equity · minimum wage laws · equity · social welfare programs · egalitarianism · rising tide · welfare state · taxation · poverty
- Nordic EconomicsSwedish model, welfare state, social democracy, mixed economy, krone
- pay equityequal pay, pay equity, pay parity, wage equity, salary equity
- socialismMarxism, communism, proletariat, bourgeoisie, communal ownership
- sustainabilityreduce, reuse, recycle, sustainable yield, recycling programs
- American SocialismSocialist Party, democratic socialism, Bernie Sanders, Sanders, socialist
- economic systemscapitalism, mercantilism, communism, feudalism, socialism
income equalityincome inequality
Disparity in earnings distribution
wealth inequality · economic inequality · wealth disparity · income disparity · economic disparity
income equalitysocial stratification
Society's hierarchical layering
class divide · caste system · aristocracy · feudalism · dynastic wealth
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