Political Science 1020E Lecture Notes - Lecture 13: Distributive Justice, Justice As Fairness, Risk Aversion

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Markets do not oversupply goods with positive externalities or undersupply goods with negative externalities. John rawls 1921-2002: a theory of justice. Principles for what: theory of distributive justice, choosing principles of justice for institutions, we need principles to decide how to distribute justice on a broad sense as well as in institutions. Initial hypothetical choice situation: the original positions (op) - with its veil of ignorance, models equality of concern, what you are not allowed to know is due to the fact everyone is entitles to equal consideration. Impartiality : justice as fairness: remove all potential bias. People in the original position have to be impartial: veil of ignorance rules out bias. I cannot benefit myself at the expense of others. I do not know my intelligence, economic class, talents, sex, sexual preference, race, social status. You have to choose a distribution of justice that would best benefit you without knowing all these features.

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