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This paper explores the implications of the Harm Principle, modified to accommodate recent criticisms by Arthur Ripstein, for theories of distributive justice. It concludes that the Principle leads to a left-libertarian theory of justice that is based not on egalitarianism but rather on...
Persistent link: https://www.econbiz.de/10013154768
Is horizontal equity (HE) the quot;most widely accepted principle of equityquot;? Or does it stand in quot;opposition to the advancement of human welfarequot;? This paper argues that the case for the HE principle is not as straightforward as is usually thought and that it requires advanced...
Persistent link: https://www.econbiz.de/10012779593
Do markets generate a “just” wage? The answer to this question will depend upon the particular theory of the market that the political economist employs. By comparing actual labor markets with the neoclassical theory of competitive equilibrium as its normative benchmark, Joseph Heath (2018)...
Persistent link: https://www.econbiz.de/10012899666
Over the past decades, transport researchers and policymakers have devoted increasing attention to questions about justice and equity. Nonetheless, there is still little engagement with theories in political philosophy to frame what justice means in the context of transport policies. This paper...
Persistent link: https://www.econbiz.de/10012935293
We introduce distributive justice into a simple model of growth and distribution. Two groups (‘classes’) of otherwise identical, capital-rich and capital-poor individuals (‘capitalists’) and (‘workers’) are in conflict over factor (labour-capital) shares. Capitalists’ (workers’)...
Persistent link: https://www.econbiz.de/10012871763
Understanding the exact connection between inequality and justice is important because justice is classically regarded as the first line of defense against self-interest and inequality. Absent a strong and clear link between inequality and justice, the sense of justice would not awaken to exert...
Persistent link: https://www.econbiz.de/10012985278
The major focus of the Union Budget for the financial year 2011-12, 2012-13 and 2013-14 was to achieve the larger aim of the financial inclusion. It focuses on the poor who do not enjoy the formal financial institutional support and get them out of the clutches of local money lenders. The...
Persistent link: https://www.econbiz.de/10012987756
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