justice = equal pay for equal work, ie, constant ratio of pay to work - eg: inheritance, lottery wins are clearly pay for no work - wd society be more just, peaceful, happier, etc if estates were distributed equally among all citizens [with descendents' option to buy items of sentimental value]? - profits from scarcity [eg, new technlgy, low supply high demand]: clearly money for no work - payment for ideas, benefit to society: after full payment for work put into developing idea, bringing product to market, pay for idea & benefit is clearly pay for no work - profits in excess of full fairpay for workinput of owners: by definition: pay for no work - leaving all these injustices [& the many other legal injustices] in the system, & putting a cap on fortunes at the most a person can earn in a lifetime by their own work, & spreading the overfortunes regularly among all, will ensure practical approxn to justice - bringing much happiness [peace safety savings democracy liberty law order etc]
2006-10-14 18:58:21 · 2 answers · asked by Anonymous in Social Science ➔ Economics
No economy running in modern times is not perfect, but what makes the system work is the rule of law, and holding everybody accountable to a fair set of rules. Trying to distribute everything equally among citizens is impractical, and that is swinging the pendulum too much towards communism. Free markets are the best system to have, and there aways to reduce problems associated with free markets thru, taxation , regulations, to ensure there is fair competition.
2006-10-14 22:01:54 · answer #1 · answered by ram456456 5 · 0⤊ 0⤋
Whew!!!
No punctuation...I'm out of breath.
2006-10-15 02:06:39 · answer #2 · answered by daljack -a girl 7 · 1⤊ 0⤋