But we should be aware of the price we pay for equity. Dictatorship is probably more efficient than democracy. Public subsidies of education are inefficient.
Democracy is always more efficient than dictatorship.
Everyone in the class should get an A, no matter what. No one should enjoy a better education than anyone else, no matter what. We want some combination of material incentives combined with guarantees of economic rights. Taxation should be somewhat progressive, but not punish good behavior. This means that educational funding and access is particularly important.