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, âEqualist Idealism can be summarized in these words: Prohibit all inheritance, to preserve equal opportunity.â 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 âeveryoneâ 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.
A very centric form of government and economics run on K.S.Lukasâs âOn the Theory of Equalist Idealismâ. It outlaws inheritance and practically almost eradicated welfare, instead creating a government work program for all homeless of jobless individuals. This work program would see that their laborers are put into housing and farming industries in order to provide better infrastructure and to lower the cost of living. It is a combination of extreme capitalistic beliefs mixed with social healthcare benefits. Universal healthcare is provided, in order to have younger workers take over for the older individuals, who seek only to work in order to preserve their health. Equalist Socialism uses the main principals of Equalist Idealism to enforce that all monetary and property assets of an individual are requisitioned by the government in exchange for little to no taxes.
What is Equalist Socialism?
It is a government ideological-economical form of reshaping society in which many key aspects of the conflicting socialist and capitalist ideals meet in the âmiddle groundâ