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New page: '''Economic justice''' describes views within moral philosophy regarding how economic effort and resources ought to be distributed. Models of economic justice include: * [[Laissez-fai...
'''Economic justice''' describes views within [[moral philosophy]] regarding how economic effort and resources ought to be distributed.
Models of economic justice include:
* [[Laissez-faire capitalism]]: Economic outcomes are just when individuals are free to make economic decisions without interference from government, or violation of [[property rights]];
* [[Egalitarianism]]: Economic outcomes are just when all individuals do similar amounts of work, and receive similar pay;
* [[Marxism]]: Economic outcomes are just when individuals produce according to their abilities and consume according to their needs;
[[Category:Economics]]
Models of economic justice include:
* [[Laissez-faire capitalism]]: Economic outcomes are just when individuals are free to make economic decisions without interference from government, or violation of [[property rights]];
* [[Egalitarianism]]: Economic outcomes are just when all individuals do similar amounts of work, and receive similar pay;
* [[Marxism]]: Economic outcomes are just when individuals produce according to their abilities and consume according to their needs;
[[Category:Economics]]