Lecture 7: Distributive Justice and fair pay Flashcards
1
Q
Name two desert-bases in the economic realm.
A
1) Size of effort
2) Value of contribution
2
Q
Which problems are there with the claim: CEOs deserve higher pay because they work harder than the average worker?
A
1) Effort is subjective
2) Effort ratio cap at 1:12
3) CEOs have non-monetary rewards
3
Q
A just distribution of income and wealth arises from a … and …?
A
Just starting point
Voluntary transfers
4
Q
What would we have in a just society according to John Rawls?
A
1) Fair equality of opportunity
2) Difference principle: Only those inequalities that are to the greatest benefit of the worse off
5
Q
What does desert mean?
A
You deserve X because you did Y
