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Transcript of Economic Justice-Ch14
Should we be equal?
To What Extent?
rich & Poor
Top 5%saw 81% increase
While 90% saw their wages flat line
CEO's saw a rapid increase in income
Savings easily wiped out by
likely to be
Justice, Charity & Efficiency
Justice - not the same
Our economy is efficient but is it just?
2 Types of Justice
procedural, achieving any means
End State Distributive-
justice is the result of fair distribution
"Each according to his ability,
Each according to his own needs"
Is there an equal opportunity society?
Starting Gate Theory
see example on trained offspring
Should we focus on those who don't have enough to begin with?
Do we delude ourselves into
thinking we have equal chances of
Belief in not being constrained by others
Not concerned w/end -state
Econ. system where companies own & control most goods
Business is to maximize profits
End state process
Believe in positive rights
stress importance of
families, social groups
Womens' income by 2004 were approx. 80 cents / 1 dollar a man makes
Gov't own, controls public
ownership of land & production
Combined elements of liberalism, capitalism,
Corp's should be guests