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> contrary to the central tenets of equity. "Equity" is a concept in law: AIUI (IANAL) it mainly concerns trusts and contracts. The word is sometimes used as a
by denton-scratch 4y ago
> contrary to the central tenets of equity.
"Equity" is a concept in law: AIUI (IANAL) it mainly concerns trusts and contracts. The word is sometimes used as a synonym for "fairness", but I don't think something as vague as "fairness" has central tenets.
And I don't think there's anything unfair about a UBI, any more than universal healthcare, or a universal police service.
- yamtaddle 4y ago> Equity > Eq"ui*ty (?), n.; pl. equities (#). [F. équité, L. aequitas, fr. aequus even, equal. See Equal.] > 1. Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality. > [....] > Syn. -- Right; justice; impartiality; rectitude; fairness; honesty; uprightness. See Justice. That's Webster's 1913, so it's not a new usage. And it's what was chosen for definition #1 (the others are, as you note, lawyer jargon).
- hnfong 4y ago> but I don't think something as vague as "fairness" has central tenets. FYI: https://en.wikipedia.org/wiki/Maxims_of_equity https://en.wikipedia.org/wiki/Maxims_of_equity