Pantisocracy is a noun that refers to a utopian society in which all are equal. 

Coined by an 18th century English poet named Samuel Taylor Coleridge, our word of the day begins with the Greek prefix P-A-N, which means ‘all,’ and ends with I-S-O-C-R-A-C-Y, meaning ‘equal rule.’ Example:

Our bowling team was very much a pantisocracy, which annoyed me. You’d think that as the team’s highest scorer, I’d have more voting power than the others when it came to selecting pizza.