Great point. The distinction between equality and equity is an important one, with the canonical image for it for me being the one with the fence*. Where inequality today looks like billionaires throwing parties and doing drugs on their own private island at one end, and people living in tents and going hungry, also doing drugs, but with no hope at the other end, it's not the inequality itself that's the problem, it's that the lowest end of the spectrum is so utterly bleak that people have to steal and commit crimes to survive that's the problem.

* https://www.researchgate.net/profile/Shrehan-Lynch/publicati...