Greg Mankiw Defending the 1% proposes what he calls the “just deserts” theory of social justice:
What you have gained and hold by playing by the economic rules is yours: social justice consists in not cheating or injuring people, and not being cheated or injured in turn.
This is an old theory: we see it first in the western intellectual tradition nearly 2400 years ago, in the opening of the dialogue that is Plato’s Republic. It is advanced by Kephalos…Socrates dismisses it out of hand.
WCEG — The Equitablog
Musings on “Just Deserts” and the Opening of Plato’s Republic
Brad DeLong
See also
The Magical Invisibility Cloak Utilitarianism Wears in the Age of Neoliberal Capitalism
Fred Guerin
How Morality Changes in a Foreign Language
Julie Sedivy
Understanding Society
Profit and Gift in the Digital Economy
Dave Elder-Vass | Lecturer in Sociology at Loughborough University
Understanding Society
Profit and Gift in the Digital Economy
Dave Elder-Vass | Lecturer in Sociology at Loughborough University
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