Equality of outcome is a controversial political concept which describes a state in which people have approximately the same material wealth or, more generally, in which the general 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.
The concept is central to some political ideologies and is used regularly in political discourse, often in contrast to the term equality of opportunity. A related way of defining equality of outcome is to think of it as ‘equality in the central and valuable things in life.’ After the Russian Revolution of 1917, the political structure of the Soviet Union tried to emphasize equality of outcome as a primary goal.
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The Daily Omnivore 