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    Justice and the market is an ethical perspective based upon the allocation of scarce resources within a society. The allocation of resources depends upon governmental policies and the societal attitudes of the individuals who exist within the society. Personal perspectives are based upon ones circle of … See more

    Distributive justice relates to the principle of fairness in the allocation of wealth, income, power and opportunities. Many theoretical … See more

    Adam Smith's idea of the invisible hand was a founding contribution to explain resource allocation within a society. The invisible hand … See more

    Meritocracy is an ideology founded in the works of Confucius, whereby the allocation of rewards, positions and responsibilities is objective and upon … See more

    Redistribution of wealth is attained through many forms such as taxation, monetary policies, welfare and nationalisation of private enterprise. … See more

    The Libertarian philosophy refers to freedom, and particularly individual liberty which dictates the right and ability to govern one's self. In an economic sense the libertarian view … See more

    Karl Marx in The Communist Manifesto postulated that the era of feudal aristocracy and the capitalism experienced in 1847 at the time … See more

    John Rawls conceived the notion of 'The Original Position' based upon the thought experiment whereby participants must agree to a … See more

     
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  3. WEBAug 16, 2016 · Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society. In Justice , an international bestseller, Sandel showed himself to be a master at …

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  4. The Illusion of Free Markets — Harvard University Press

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