AP/SOSC 2340/2349 6.o Intermediate Business & Society Lecture 4: Libertarianism.

Slides:



Advertisements
Similar presentations
Justice & Economic Distribution (2)
Advertisements

Theories of Justice Justice as a virtue Distributive justice
Rawlsian Contract Approach Attempts to reconcile utilitarianism and intuitionism. Attempts to reconcile utilitarianism and intuitionism. Theory of distributive.
Equality vs. Entitlement
EM Winter Read for Friday  Chapter  Cases Eminent Domain Battling Over Bottled Water  Articles Isbister: Income distribution Maxwell:
Lecture 6 John Rawls. Justifying government Question: How can the power of government be justified?
Justice as Fairness/Justice as Holdings: Rawls/Nozick
Nozick’s Entitlement Theory Libertarian approach to justice Libertarian approach to justice Based on a Lockean conception of property Based on a Lockean.
Chapter Three: Justice and Economic Distribution
Economic Goals and Societal Values
Justice as Fairness by John Rawls.
L To distribute goods and services fairly, protecting everyone’s right to equal opportunity and bettering the lives of all members of society (liberalism:
Justice as Entitlement
Egalitarians View Egalitarians hold that there are no relevant differences among people that can justify unequal treatment. According to the egalitarian,
Module 10 The Role of Government The Canadian Welfare Society and Taxation.
Class and Stratification What is Stratification? Stratification in Historical Perspective Stratification in Modern Western Societies Poverty and Inequality.
RAWLS 2 CRITIQUES OF RAWLS.
Thomas Hobbes ( ) l Fear of others in the state of nature (apart from society) prompts people to form governments through a social contract l State.
What is a Just Society? What is Justice?.
Macroeconomics I ECON 309 S. Cunningham
Econ 3690 This presentation is based on Economic Issues: A Canadian Perspective by C.M. Fellows, G. Flanagan, and S. Shedd 1.
January 20, Liberalism 2. Social Contract Theory 3. Utilitarianism and Intuitionism 4. Justice as Fairness – general conception 5. Principles.
An Introduction to Ethics Week Nine: Distributive Justice and Torture.
What is Justice? Lecture Notes Week 5. It is only from the selfishness and confined generosity of men, along with the scanty provision nature has made.
7.5 The Canadian Welfare Society Canada’s mixed economy is known as a Welfare Society – Gov’t plays big role to ensure well-being of its citizens Government.
Copyright © 2008 McGraw-Hill Ryerson Ltd. 1 Chapter 2 How the Business System Works.
 Rawls was influenced by Kant and Aristotle  An American Philosopher  Wrote the Following: A Theory of Justice, Political Liberalism, The Law of Peoples,
CRITICAL QUESTION How should the bounty of a society be distributed?
Business Ethics Lecture Rights and Duties 1.
10/21/2015 How Much is Too Much? A Theoretical Analysis of Executive Compensation from the Standpoint of Distributive Justice Jared Harris February 19,
Rawls II: Another version of the social contract PHIL 2345.
Distribution of Health Care: The Classical View By: Ronald F. White, Ph.D. College of Mount St. Joseph.
The Entitlement Theory Robert Nozick. OVERVIEW Utilitarianism, Justice as Fairness, and the Entitlement Theory.
Rawls on justice Michael Lacewing co.uk.
Rawls IV: Wrapping-up PHIL Original position, cont. of discussion Exclusion of prejudices while contracting in the OP:  'One excludes the knowledge.
Ideas about Justice Three big themes Virtue Ethics Utilitarianism
January 20, Liberalism 2. Social Contract Theory 3. Utilitarianism and Intuitionism 4. Justice as Fairness – general conception 5. Principles.
1. Give an example not in your book that would illustrate the concept of “compensating differential.” Less desirable places to live Low wage advancement.
The Distribution of Property  Do you think distribution of property intersects with individual liberties?  If liberty is considered a fundamental right,
Justice and Economic Distribution
Henry Banks.  MEDICAL LEAVE  DISABILITY  HEALTH CARE  LAWS ON THE MINIMUM WAGE WORKERS ARE ENTITLED Henry Banks.
Three Modern Approaches. Introduction Rawls, Nozick, and MacIntyre Rawls, Nozick, and MacIntyre Have significant new approaches Have significant new approaches.
The Entitlement Theory of distributive justice
Rawls & Nozick Liberalism & Libertarianism Warwick Debating Society Training, 11/05/2011.
Justice/Fairness Approach Learning Plan #5 Sara Deibert, Sara Roxbury, Allie Forsythe, Robert Phillips March 31,2008.
Equity: Ethical Approaches to Social Justice “Excuse me, but its important to get those drinks to those who need them the most.”
The System of Social Justice Principles in the Contemporary Law Tradition of the West dr. Jolanta Bieliauskaitė Brno, 2015.
Relative income: why? $5 million $30,000 What determines a person’s income? SUPPLY of and DEMAND for their HUMAN CAPITAL.
Chapter 3: Ethics for Policy Analysts “If liberty and equality…are chiefly to be found in democracy, they will be best attained when all persons alike.
Justice Retribution distribution “Rats and roaches live by competition under the laws of supply and demand; it is the privilege of human beings to live.
BEJ Lecture Three: Justice and Resources Distribution.
Justice. What is justice? It seems we develop a sense of fairness from an early age and most people would agree with Plato that the only life worth living.
LECTURER: ANDREAS PANAYIDES LECTURE 10 – NOZICK’S THEORY OF JUSTICE Introduction to Political Philosophy.
Political theory and law
Justice distribution “Rats and roaches live by competition under the laws of supply and demand; it is the privilege of human beings to live under.
Justice distribution “Rats and roaches live by competition under the laws of supply and demand; it is the privilege of human beings to live under.
Rawls’ Theory of Justice
Theories of justice.
Ethical Theories Ethical Theories Unit 5.
Justice as Fairness/Justice as Holdings: Rawls/Nozick
MODULE 3 By: Chris Martinez.
JUSTICE AND THE MARKET SYSTEM
Theories of Justice Retributive Justice – How should those who break the law be punished? Distributive Justice – How should society distribute it’s resources?
Module 3 (Adamczak) Theories of Justice.
JUSTICE AND THE MARKET SYSTEM
Winner Take All Society?
Minimal State The regime advocated by libertarians, allows unrestricted laissez-faire capitalism. Such a political system would allow huge social inequalities.
Nozick.
Professional Ethics (GEN301/PHI200) UNIT 3: JUSTICE AND ECONOMIC DISTRIBUTION Handout #3 CLO#3 Evaluate the relation between justice, ethics and economic.
Justice distribution “Rats and roaches live by competition under the laws of supply and demand; it is the privilege of human beings to live under.
Presentation transcript:

AP/SOSC 2340/ o Intermediate Business & Society Lecture 4: Libertarianism

Canadian income distribution (2007)

CEO earnings in Canada (2010) The 100 highest paid Canadian CEOs earned $8.4 million on average, 27% more than in The average salary for a Canadian full-time worker was $44,366, scarcely higher than in Source: onal%20Office/2012/01/Canadas%20CEO%20Elite%20100FINAL.pdf

CEO earnings in Canada (2010) The top 50 CEOs earned 255 more than the average worker in In 1995 the top 50 CEOs earned 85 times more than the average worker. Of the 100 highest paid CEOs in 2010, 99 were men.

Libertarianism Robert Nozick, Anarchy, State, Utopia (1974).

Patterned principles of justice A principle of justice which envisages a particular (just) pattern of distribution to which society’s distribution is to conform. Examples: a) Equality of income and wealth. b) Distribution of wealth according to need. c) Maximising social welfare (happiness)

Historical principles of justice Historical principles of justice ask not whether distribution conforms to a particular pattern but whether distribution came about by just means or through a just process. If it did, then each person is entitled to what s/he owns.

Just acquisition & ownership One can justly take ownership of something in two ways: 1) Through original acquisition, 2) Through transfer (purchase or receipt as a gift). Acquiring wealth in these ways entitles you to your wealth.

“Liberty upsets patterns” Nozick’s Wilt Chamberlain example.

Desert and fairness 1) Does Wilt Chamberlain deserve his wealth? 2) Does Wilt Chamberlain deserve the talents from which his wealth derives?

Taxation and the state What is the legitimate role of the state in society? Minimal state No moralising legislation

Freedom of contract Should the government ever prohibit contractual agreements between individuals? Example: selling parts of bodies. See next week’s topic: “markets and morals”