The APA International Division posed this question recently: What is your definition of Equity?
Here's my response:
Equity: the tangible or intangible wealth of relationships, assets, and opportunities that provides a foundation to grow the multigenerational prosperity and health of oneself, one's family, and one's community.
This comes from my perspective as a globally practicing practicing planner and urban designer, looking to help individuals and communities achieve expanding economies, through inclusive and leveraged land use and design that builds not only property-based equity, but also health and social equity that enables citizens to put all energies into positive economic activity (and not into fighting for survival, respect and justice).
To put it another way: equity is life's collateral to build a better future. Whether it's a level playing field regardless of gender for opportunities to work, or an arena of respect that focuses people on ideas not each other, or actual insurable real assets passed on through generations, lifting households out of poverty, resilient against the natural and political threats of our world today.
What do you think? What's your definition?