Social equity is rooted in the idea that each person is equal and has inalienable rights. Because of America's unique blend of social, religious, economic, and political characteristics, we value this concept despite, or perhaps because of, the simultaneous tensions of a capitalist economy, which requires inequality, set within a democratic constitutional system, which assumes equality. The impossibility of simultaneously achieving inequality and equality produces episodic “corrections.” This was the case in the tumultuous 1960s, a period when the usually tame notion of equity gave rise to heated debate and resulted in calls for social change. Now, tumult in the form of economic inequality, unemployment, and globalization is a harbinger of renewed interest. This article explains the roots of the concept, its contemporary understandings, and its relevance to emerging issues.