Political Science 1020E Lecture Notes - Lecture 13: Risk Aversion, Justice As Fairness, Distributive Justice
Document Summary
Markets : oversupply goods with positive externalities, undersupply goods with negative externalities, both a and b, neither a nor b, always produce an optimal number of vibrators. Rawls key ideas: choosing principles of justice - hypothetical contractor, removing bias. They know they are in the circumstances of justice. They are moderately self interested, we known that we have con icting goals and that when the veil is lifted we won"t all want the same thing. They have a sense of justice (we have a commitment to moral equality) They have some conception of the good. This so called thin theory of the good applies to everyone and means they want primary goods. Primary goods are any rational wants, whatever else they want . Formal constraints (publicity, nality in the sense that once you choose that"s it) > one person with all money or power, very slim chance of being that person.