Which one takes the most market-based approach to the distribution of income?

Question

Quizplus · Accepted Answer

Nozick's entitlement theory takes the most market-based approach to the distribution of income. According to this theory, individuals are entitled to the fruits of their labor and the resources they acquire through voluntary exchange or inheritance, as long as these transactions are just. This means that the government should not engage in redistributive policies that interfere with these transactions or violate individuals' property rights. In other words, income distribution should be determined by the free market, rather than by a predetermined ideal or social welfare criteria.

Which One Takes the Most Market-Based Approach to the Distribution