SOSC 2340 Lecture Notes - Lecture 4: Gini Coefficient
8 Dec 2015
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Gini coefficient (how the income is distributed amongst the population in a given society) Is this fair or unfair? (top percentage of population retains the majority of income) The 100 highest paid canadian ceo"s earned million on average, Of the highest paid canadian ceo"s in 2012, 3 of them were female. A principle of justice which envisages a particular pattern of distribution to which society"s distribution is to conform. Examples: equality of income and wealth, distribution of wealth according to need, maximizing social welfare. Ask not whether distribution conforms to a particular pattern but whether distribution came about by just means or through a just process. If it did, then each person is entitled to what she/he owns. One can justly take ownership of something in two ways: through original acquisition, through transfer (purchase or receipt as a gift) Acquiring wealth in these ways entitles you to your wealth.
