A news show was playing a scene from a Hillary Clinton speech on the subject of income equality. More particularly, it was the old theme of women's earnings vs. men's earnings. They should be equal, you see.
In the dreamland Hillary wants us to imagine, one has to assume that when taken to the ultimate end, the ideal paycheck would be exactly equal to every other paycheck issued in the nation during a given time.
Equalism. The Centre is not dictating output, and the government isn't managing the economy. It's not socialism, and it's not communism. It's a hybrid. Actually, "equalism" is too simplistic a word for someone of Ms. Clinton's prestige. "Equalitarianism" might better convey the complexity of it since most people won't understand it.
The work a person performs or the product he/she produces, and the demand for that work or product is irrelevant*. It turns human nature on its head, but it's utopia, and everyone is happy because equality is its own reward.
*Of course, exceptions must be made for government leaders who would earn more because their work is so important.