'Economic egalitarianism' is a state of economic affairs in which the participants of a society are of equal standing and equal access to all the economic resources in terms of economic power, wealth, and contribution. It is a founding principle of various forms of
socialism.
See also
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Communism
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Capitalism
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Socialism
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Quality of life economics
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egalitarianism,
political egalitarianism
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Equality of outcome,
Inequity aversion
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Gift economy
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Wealth