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Justice as Fairness: Political not Metaphysical" is an essay by John Rawls, published in 1985. [1] In it he describes his conception of justice. It comprises two main principles of liberty and equality; the second is subdivided into fair equality of opportunity and the difference principle.
A Theory of Justice is a 1971 work of political philosophy and ethics by the philosopher John Rawls (1921–2002) in which the author attempts to provide a moral theory alternative to utilitarianism and that addresses the problem of distributive justice (the socially just distribution of goods in a society).
Economic freedom, or economic liberty, is the agency of people to make economic decisions. This is a term used in economic and policy debates as well as in the philosophy of economics . [ 1 ] [ 2 ] One approach to economic freedom comes from the liberal tradition emphasizing free markets , free trade , and private property .
In his book A Theory of Justice, John Rawls outlines his famous theory about justice as fairness. The theory consists of three core components: [4] the equality of people in rights and liberties; the equality of opportunities for all; and; an arrangement of economic inequalities focused on benefit maximisation for those who are least advantaged.
In its broadest sense, justice is the idea that individuals should be treated fairly. According to the Stanford Encyclopedia of Philosophy, the most plausible candidate for a core definition comes from the Institutes of Justinian, a codification of Roman Law from the sixth century AD, where justice is defined as "the constant and perpetual will to render to each his due".
Economic justice is a component of social justice and welfare economics. It is a set of moral and ethical principles for building economic institutions, where the ultimate goal is to create an opportunity for each person to establish a sufficient material foundation upon which to have a dignified, productive, and creative life. [1]."
The first, A Theory of Justice, focused on distributive justice and attempted to reconcile the competing claims of the values of freedom and equality. The second, Political Liberalism , addressed the question of how citizens divided by intractable religious and philosophical disagreements could come to endorse a constitutional democratic regime.
Justice and the Market is an ethical perspective based upon the allocation of scarce resources within a society which balances justice against the market. The allocation of resources depends upon governmental policies and the societal attitudes of the individuals who exist within the society.