ELI5: Explain Like I'm 5

Asset-based egalitarianism

Asset-based egalitarianism is a way of thinking about fairness and equality. It's based on the idea that people should all have the same opportunities in life, even if they have different amounts of money, education, or other resources. To make this happen, people are encouraged to focus on what someone has, rather than what they don't have. For example, if one person has a lot of money, they should use that money to help someone else who doesn't have much. That way, everyone can have the same chance in life no matter how much money they have.