Macroeconomics: Distributive Justice
The definition of justice is “Fairness of protection of rights and punishment of wrongs. While all legal systems aim to uphold ideal through fair and proper administration of the law of the land, it is possible to have unjust laws.” Justice is fairness, all people have equality and are treated equally, but they are also equally held accountable for the things they have done wrong. A dictionary definition of distributive justice is:
“A concept that addresses the ownership of good in a society. It assumes that there is a large amount of fairness in the distribution of goods. Equal work should provide individuals with an equal outcome in terms of goods acquired or the ability to acquire goods.” (distributive justice)
Equal work should have and equal outcome no matter who a person is or where they are in the society. If a person has good behavior, good manners, good ethics, good work ethics then you are just. …show more content…
Macroeconomics deals a lot with behavior and decision making and you need to make those things just, especially since it is dealing with the whole nation. People need to be treated equally. To be just you have to have equality and it ties in well to macroeconomics. To deal with the big national issues a society has to have fairness and be able to determine what is good, because if it is good it is just.
“An example of Macroeconomics is an increase in government expenditures, or a reduction in taxes will stimulate an economy. Likewise, a reduction in government expenditures, or an increase in taxes, will constrict an economy and reduce inflation.” (macroeconomics.
“A concept that addresses the ownership of good in a society. It assumes that there is a large amount of fairness in the distribution of goods. Equal work should provide individuals with an equal outcome in terms of goods acquired or the ability to acquire goods.” (distributive justice)
Equal work should have and equal outcome no matter who a person is or where they are in the society. If a person has good behavior, good manners, good ethics, good work ethics then you are just. …show more content…
Macroeconomics deals a lot with behavior and decision making and you need to make those things just, especially since it is dealing with the whole nation. People need to be treated equally. To be just you have to have equality and it ties in well to macroeconomics. To deal with the big national issues a society has to have fairness and be able to determine what is good, because if it is good it is just.
“An example of Macroeconomics is an increase in government expenditures, or a reduction in taxes will stimulate an economy. Likewise, a reduction in government expenditures, or an increase in taxes, will constrict an economy and reduce inflation.” (macroeconomics.