Economic egalitarianism
Encyclopedia
Economic egalitarianism is a state of economic affairs in which equality of outcome
Equality of outcome
Equality of outcome, equality of condition, or equality of results is a controversial political concept. Although it is not always clearly defined, it is usually taken to describe a state in which people have approximately the same material wealth or, more generally, in which the general conditions...

 has been manufactured for all the participants of a society. It is a founding principle of various forms of socialism
Socialism
Socialism is an economic system characterized by social ownership of the means of production and cooperative management of the economy; or a political philosophy advocating such a system. "Social ownership" may refer to any one of, or a combination of, the following: cooperative enterprises,...

, communalism
Communalism
Communalism is a term with three distinct meanings according to the Random House Unabridged Dictionary'.'These include "a theory of government or a system of government in which independent communes participate in a federation". "the principles and practice of communal ownership"...

 and cooperative
Cooperative
A cooperative is a business organization owned and operated by a group of individuals for their mutual benefit...

 economic organization.

See also

  • Agriculturalism
    Agriculturalism
    Agriculturalism, also known as the School of Agrarianism, the School of Agronomists, the School of Tillers, and in Chinese as the Nongjia , was an early agrarian Chinese philosophy that advocated peasant utopian communalism and egalitarianism...

  • Communalism
    Communalism
    Communalism is a term with three distinct meanings according to the Random House Unabridged Dictionary'.'These include "a theory of government or a system of government in which independent communes participate in a federation". "the principles and practice of communal ownership"...

  • Cooperative
    Cooperative
    A cooperative is a business organization owned and operated by a group of individuals for their mutual benefit...

  • Communism
    Communism
    Communism is a social, political and economic ideology that aims at the establishment of a classless, moneyless, revolutionary and stateless socialist society structured upon common ownership of the means of production...

  • Capitalism
    Capitalism
    Capitalism is an economic system that became dominant in the Western world following the demise of feudalism. There is no consensus on the precise definition nor on how the term should be used as a historical category...

  • Socialism
    Socialism
    Socialism is an economic system characterized by social ownership of the means of production and cooperative management of the economy; or a political philosophy advocating such a system. "Social ownership" may refer to any one of, or a combination of, the following: cooperative enterprises,...

  • Economic inequality
    Economic inequality
    Economic inequality comprises all disparities in the distribution of economic assets and income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among countries. The issue of economic inequality is related to the ideas of...

  • Egalitarianism
    Egalitarianism
    Egalitarianism is a trend of thought that favors equality of some sort among moral agents, whether persons or animals. Emphasis is placed upon the fact that equality contains the idea of equity of quality...

  • Political egalitarianism
    Political egalitarianism
    Political egalitarianism is a term used to define a state of affairs in which the members of a society are of equal standing in terms of political power or influence...

  • Equality of outcome
    Equality of outcome
    Equality of outcome, equality of condition, or equality of results is a controversial political concept. Although it is not always clearly defined, it is usually taken to describe a state in which people have approximately the same material wealth or, more generally, in which the general conditions...

    , Inequity aversion
    Inequity aversion
    Inequity aversion is the preference for fairness and resistance to incidental inequalities. The social sciences that study inequity aversion include sociology, economics, psychology, anthropology and ethology.-Human studies:...

  • Gift economy
    Gift economy
    In the social sciences, a gift economy is a society where valuable goods and services are regularly given without any explicit agreement for immediate or future rewards . Ideally, simultaneous or recurring giving serves to circulate and redistribute valuables within the community...

  • Wealth
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