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... > contexts > population characteristics > socioeconomic factors > social conditions > income distribution > redistribution of wealth
social science subjects > business and management > business ethics > theories of ethics > redistribution of wealth

Preferred term

redistribution of wealth  

Definition

  • The phrase redistribution of wealth commonly refers to government policies that are intended to increase the income or benefits of poor people using money raised by general taxation of the rich, the prosperous, and the middle classes. Sometimes the debate is limited only to the redistribution of income, but generally any policy intended to benefit the poor, whether in the form of income or services, can be considered an attempt to redistribute the wealth. [Source: Encyclopedia of Business Ethics and Society; Redistribution of Wealth]

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https://concepts.sagepub.com/social-science/concept/redistribution_of_wealth

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