My last few comments on this site have been precisely about these ideas. These ideas, in my view, are inherent flaws of philosophical liberalism, of which modern liberalism and conservatism stem. This ideology places itself at the forefront of morality, but can't even seriously analyze the conditions of the individual.
A rich heir is self made, but a poor man is morally and spiritually bankrupt. This is how far this modern ideology goes. Totally unscientific and is also the birthplace of modern racism.
This is how far the equality goes, that is, not very far at all. The liberal revolutions of the last ~400 years must be called the aristocratic revolutions. One where the organized aristocracy came into power, and so did their morals.