Three Approaches To Justice
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About this ebook
The above questions not only refer to the way people treat each other, they also relate to the law and social organization. Those are questions about justice. To answer, we must first discover the meaning of justice. Actually, we have started to do this. If you follow the exorbitant debate, you will find that arguments for or against exorbitant anti-price laws revolve around three ideas: maximizing welfare, respecting freedom, and upholding morality. . Each idea points to a different way of thinking about justice.
The common argument favors free markets based on two factors - welfare and freedom. Firstly, the market promotes the well-being of the whole society by creating incentives for people to work hard and create the goods that others want (in the usual way, we equate welfare with economic wealth, although welfare is a broader notion, including the non-economic element of social wealth). Second, the market respects individual freedom; The market does not impose a certain value on goods and services but leaves people free to choose the value of the exchange. Unsurprisingly, the opposition to the anti-exorbitant law cites two familiar arguments about the free market.
How did supporters of this law react? First, they argue that the interests of the whole society cannot be met by too high prices in difficult times. Even if high prices create a greater supply of goods, this benefit must be weighed against the suffering of those who cannot afford such high prices. For the rich, paying a lot of money for gasoline or motels during a storm can cause a little trouble; But for those who are not rich, such high prices can cause real suffering, can cause them to stay in dangerous places and not be able to flee to safety. Advocates of the anti-exorbitant anti-price law argue that any calculation must take into account the pain and unhappiness of a group of people who cannot afford basic needs in an emergency.
Second, supporters of the anti-exorbitant anti-price law argue that in certain conditions, the free market is not really free. As Crist points out: "Buyers are not free but under duress. They are required to pay for essential needs
like a safe place to stay. " If you're with your family in a storm, paying exorbitant prices for fuel or shelter is not really a voluntary exchange. This is a bit like blackmail. Therefore, to see if the anticorruption laws are fair or not, we need to consider contradictory assessments of welfare and freedom.
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