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Essay

The Distributive Justice Of The Market

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Darrell A

 

Date added:

January 9, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2403

 

Was viewed:

5620 times

 

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Essay content:

" (John Rawls, "A Theory of Justice", 1971, p.302) Resources are scarce. This is the basic, dismal truth of the dismal science. The second truth is that people consume resources. A basic existential anxiety makes them want more resources than they can consume (the "just in case" principle). This raises the question of fairness, a...
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A basic existential anxiety makes them want more resources than they can consume (the "just in case" principle). This raises the question of fairness, a.k.a. "distributive justice". How should resources be allocated in a manner which will conform to one or more just principles ? This apparently simple question raises a host of more complex ones : what constitutes a resource ? what is meant by allocation ? Who should allocate these resources or should this better be left to some Adam Smithean "invisible hand" ? Such an invisible hand (working through the price mechanism) - should its mode of operation be guided by differences in power, in intelligence, in knowledge, in heritage ? In other words : what should be the entitlement principle, how can it be determined who is entitled to what ? Everything constitutes a resource : income, opportunities, knowledge, brute power, wealth...
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General issues of this essay:
The Distributive Justice Of The Market distributive justice Distributive Justice The Party's Denial Of A Persons Natural Rights Groups Or Organizations Are An Important Part Of Some People’s Lives. Why Are Groups Or Organizations Important To People? Use Specific Reasons And Examples To Explain Your Answer. Synergy Of High Net-Worth Individuals With Icici Prudential'S Distribution Channel Exploration, Production &Amp;Amp;Amp; Distribution Of Oil And Natural Gas In India &Amp;Amp;Amp; Indonesia Consequences Of Spatial Distribution And Consumption Of Natural Resources At A Global Scale MARKET POTENTIAL OF POWER TRANSMISSION & DISTRIBUTION PRODUCTS Namibian San People Begins a New Chapter with Red Cross Seed Distribution Do Any Groups Of People Gain And Lose From Inflation? MARKET SHARE OF ELECTRICITY DISTRIBUTION COMPANIES IN THE SOUTH EAST EUROPE ENERGY COMMUNITY The Canadian Justice System V.s. Aboriginal People Explore How Black People Are Differently Treated By The Criminal Justice System Reasons why people believe that the market system is the best method of allocating resources in an economy.
 

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