Equality of Outcome

Equality of outcome, equality of condition, or equality of results is a political concept which is central to some political ideologies and is used regularly in political discourse, often in contrast to the term equality of opportunity. Although it is not always clearly defined, it usually describes a state in which people have approximately the same material wealth or, more generally, in which the general economic conditions of their lives are similar. Achieving this requires reducing or eliminating material inequalities between individuals or households in a society. This could involve a transfer of income and/or wealth from wealthier to poorer individuals, or adopting other institutions designed to promote equality of condition from the start. A related way of defining equality of outcome is to think of it as "equality in the central and valuable things in life."