Political Science 1020E Lecture Notes - Lecture 9: Marginal Utility, Economic Inequality
9 Oct 2015
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Political science 1020e lecture #9 -- equality 2. Economic inequality: since the 18th century there has been a huge increase in economic inequality. The dangerous and growing issue of economic equality it is the defining challenge of our time obama. The gap between rich and poor matters because its bad for those with the smallest amount: economic inequality is bad for 3 reasons, self respect, health, community. First case: self-respect: self-respect depends on what you can do relative to other people, exclusion from common life" leads to a lack of self-respect, self-respect requires participation in society on relatively equal terms with others. Three distinctions: each of these seems strictly egalitarian but isn"t, utilitarianism, priority to the worse off, sufficiency. Priority to the worse off: you have a stronger claim to something if you have less of it than someone else.
