CRM/LAW C10 Lecture Notes - Lecture 7: Justice As Fairness, Lochner V. New York
Document Summary
Veil of ignorance: is this the society you would choose if you didn"t know where you would fall into the society. Moral justification for taxing those who are more successful for arbitrary reasons. Feudal: fixed hierarchy (seen as morally arbitrary and coercive) Libertarian: formal equality & unfettered capitalism (endowment effects/monopoly and coercion/fraud) Meritocratic: government regulation to achieve fair equality (wages and hours-- lochner v. New york 1905-- mueller v oregon 1907/ interstate commerce--icc) Justice is not neutral- connected to honor and virtue.