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The ancient Greek philosophers Plato and Aristotle debated economic equality. Painting by Raffaello Sanzio (1509). According to professor of politics Ed Rooksby, the concept of equality of outcome is an important one in disputes between different political positions, since equality has overall been seen as positive and an important concept that is "deeply embedded in the fabric of modern ...
Generally, the terms equality of opportunity and equal opportunity are interchangeable, with occasional slight variations; the former has more of a sense of being an abstract political concept while "equal opportunity" is sometimes used as an adjective, usually in the context of employment regulations, to identify an employer, a hiring approach ...
Equality: Regardless of their inputs, all group members should be given an equal share of the rewards/costs. Equality supports that someone who contributes 20% of the group's resources should receive as much as someone who contributes 60%. Equity: Members' outcomes should be based upon their inputs. Therefore, an individual who has invested a ...
Equality before law means that the law applies to all peoples equally and without exceptions. For example, the freedom of speech should apply the same to all members of a society. Laws can sometimes be designed to help minimize unequal application. [ 7 ]
Political egalitarianism, in which all members of a society are of equal standing; Equal opportunity, a stipulation that all people should be treated similarly; Equality of outcome, in which the general conditions of people's lives are similar; Substantive equality, Equality of outcome for groups; For specific groups: Gender equality; Racial ...
Anarchism and socialism's idea of equal liberty rests on political, social and economic equality of opportunity. [23] Saul Newman's equal liberty is "'the idea that liberty and equality are inextricably linked, that one cannot be had without the other'. They both belong to the category of emancipation, they mutually resonate, and they are ...
The Equal Credit Opportunity Act of 1974 (ECOA), signed by President Gerald Ford 50 years ago on Oct. 28, 1974, changed that. It prevented creditors from discriminating against an applicant ...
Social inequality usually implies the lack of equality of outcome, but may alternatively be conceptualized as a lack of equality in access to opportunity. [ 1 ] Social inequality is linked to economic inequality , usually described as the basis of the unequal distribution of income or wealth .