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Moral Issues in Business
Quiz 3: Justice and Economic Distribution
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Question 41
True/False
Libertarianism involves a commitment to leaving market relations-buying, selling, and other exchanges-totally unrestricted.
Question 42
True/False
According to libertarianism, liberty is the prime value, and justice consists in permitting each to live as he or she pleases, free from the interference of others.
Question 43
Short Answer
Define "Lockean rights" in your own words.
Question 44
Short Answer
According to John Stuart Mill, what does it mean to say that a person has a right to something?
Question 45
Essay
Talk of justice and injustice typically focuses on several related moral ideas. Explain what they are.
Question 46
True/False
John Rawls's second principle of justice states that insofar as inequalities are permitted -- that is, insofar as it is compatible with justice for some jobs or positions to bring greater rewards than others -- these positions must be open to all.
Question 47
True/False
For utilitarians, justice is an independent moral standard distinct from their general principle.
Question 48
Short Answer
What does Rawls mean by the original position and the veil of ignorance?
Question 49
True/False
D.W. Haslett argues that inheritance is inconsistent with capitalism.
Question 50
Short Answer
John Isbister in "Income Distribution" argues that pay differentials are necessary to acknowledge capability, work and talent differences. Is he right?
Question 51
Essay
Explain the relationship between justice and fairness.
Question 52
True/False
According to Mill, to say that I have a right to something is to say that I have a valid claim on society to protect me in the possession of that thing, either by force of law or through education and opinion.
Question 53
True/False
The main point of the "Battle Over Bottled Water" is that water is the lifeblood of the earth.
Question 54
True/False
It is clear that women in the United States have no problem living the American Dream.
Question 55
Essay
Briefly explain the basic principles of Nozick's entitlement theory.
Question 56
Essay
What do economists mean by "the declining marginal utility of money" and how does Brandt use the concept to argue for greater economic equality?
Question 57
True/False
In his Principles of Political Economy, J.S. Mill argued for the desirability of breaking down the sharp and hostile division between the producers or workers, on the one hand, and the capitalists or owners, on the other hand.