About: Justice and the Market

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Justice and the market is an ethical perspective based upon the allocation of scarce resources within a society. The allocation of resources depends upon governmental policies and the societal attitudes of the individuals who exist within the society. Personal perspectives are based upon ones circle of moral concern or those who the individual deems worthy of moral consideration.

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  • Justice and the market is an ethical perspective based upon the allocation of scarce resources within a society. The allocation of resources depends upon governmental policies and the societal attitudes of the individuals who exist within the society. Personal perspectives are based upon ones circle of moral concern or those who the individual deems worthy of moral consideration. Philosophers, economists and politicians have sought to answer the question of which members of society deserve material rewards and how to decide what deserving is based upon. Perspectives of distributive justice vary from collectivism to extreme self-sufficiency; these perspectives vary between the importance of the group or individual respectively. Positions on distributive justice incorporate moral and political philosophies to form the extremes of communism (left wing) and libertarianism (right-wing) that exist on a continuum scale. 20th century philosopher John Rawls attempted to create a thought experiment that would allow for the consideration of a societal design that is best for all involved. Mechanisms of redistribution vary among countries and governmental roles within societies determine the redistributive mechanisms that are used. (en)
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  • Justice and the market is an ethical perspective based upon the allocation of scarce resources within a society. The allocation of resources depends upon governmental policies and the societal attitudes of the individuals who exist within the society. Personal perspectives are based upon ones circle of moral concern or those who the individual deems worthy of moral consideration. (en)
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  • Justice and the Market (en)
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