Economy Flashcards

(4 cards)

1
Q

Potential to undermine societal goals.

A

All believe society must be just and guarantee citizens a chance at fulfilling life.
J.S.MILL supported this as believed all should work collectively for ‘common good’ + all citizens should have chance to contribute to this.
Rawls supported this as argued society must offer fair chances. ‘Veil of ignorance’ - behind the veil no one knows who you are. This means, you face no biases.

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2
Q

Economy intro

A

Mostly disagree on economy as although believe all have right to own prove property, disagree on extent of gov intervention + how much tax should take place.

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3
Q

Agree- private property

A

All agree that possessing private property + pursuit of property ownership is necessary mainly because it allows them to be independent from the state
E- classical liberals e.g. Locke believe private property is a natural right gifted by God as part of natural law.
Gov exist to protect private property ; core function of social contract
E- Modern like Rawls agree with him on importance of property ownership. This is because private enterprise gives people the incentive to achieve and flourish .

However, while Rawls supported the right to private property, also advocated for a system of redistributive taxation + social welfare policies to ensure inequalities arising from natural distributions of talents do not lead to unjust advantages for a few.

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4
Q
A
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