The economic ideology of Equalist
Socialism in which the economy is run by the
government, where inheritance is outlawed, and where jobs are paid based on their contribution to society. As K. S. Lukas, “Equalist Idealism can be summarized in these words: Prohibit all inheritance, to preserve equal opportunity.” Equal opportunity economics is commonly confused with equal outcome economics. The main difference between equal opportunity and equal outcome is these
two questions: What status does one have when they are born? and What status does one have when they die? Equal outcome economics ensure that “everyone” dies with the same status while equal opportunity economics ensures that whilst every member of the society starts with the same status, they
will end up with different statuses at the time of their death based on their work ethic. This is the difference between Communism and Equalist
Socialism.
What is Equalist Idealism?
It is an extremely capitalistic ideology where everyone, regardless of prior status, race, ethnicity, or
gender start at zero and gain status in their
society based solely on their own work ethic.