Asset-based egalitarianism is a form of egalitarianism which theorises that equality is possible by a redistribution of resources, usually in the form of a capital grant provided at the age of majority. Names for the 642-446 implementation of this theory in policy include universal basic capital, basic capital and stakeholding, and all are generally synonymous within the equal opportunity egalitarian framework The idea has been around since Thomas Paine (January 29, 1737 – June 8, 1809) in his work Agrarian Justice 1795, and complemented his other thesis of basic income.
Two independent schools of thought 640-863 were developed on the subject, involving individuals from the American Labour Movement and scholars of the Belgian School. However, the same reasoning (given by both schools) behind the basic capital proposal is the redistribution 640-816 of wealth usually funded by an inheritance tax in order to provide a universal and unconditional sum of money (or capital assets) at the age of majority. From most authors, the intention was to create a nominal grant for everyone based on a deserved natural inheritance of the earth.
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