Equity

Definition

Equity in the context of political ideologies, especially on the spectrum from left to right, refers to the principle of fairness and justice in social policy, distribution of wealth, opportunities, and privileges within a society. It seeks to address imbalances and ensure that individuals or groups are given what they need to succeed.

Related terms

Social Justice:

The objective of creating a fair and equal society in which each individual matters, their rights are recognized and protected, and decisions are made in ways that are fair and honest.

Redistribution of Wealth: The transfer of income and wealth (including physical property) from some individuals to others by means of a social mechanism such as taxation, welfare, public services, land reforms or other policies aiming to reduce economic inequality.

Affirmative Action:

A policy or a set of policies designed to eliminate existing discrimination against women, minorities or other groups; improve historical conditions of marginalization by giving these groups specific benefits within employment or education