Luck, Risk and the Market
This paper explores how luck egalitarianism fares in capturing our intuitions about the fairness of market-generated outcomes. Critics of luck egalitarianism have argued that it places no restrictions on what outcomes are acceptable, at least when all agents are equally situated before entering the...
Autor principal: | |
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Tipo de documento: | Electrónico Artículo |
Lenguaje: | Inglés |
Verificar disponibilidad: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Publicado: |
Springer Science + Business Media B. V
2014
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En: |
Ethical theory and moral practice
Año: 2014, Volumen: 17, Número: 4, Páginas: 667-680 |
Otras palabras clave: | B
Luck Egalitarianism
B Markets B Risk B Responsibility |
Acceso en línea: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |
Sumario: | This paper explores how luck egalitarianism fares in capturing our intuitions about the fairness of market-generated outcomes. Critics of luck egalitarianism have argued that it places no restrictions on what outcomes are acceptable, at least when all agents are equally situated before entering the market, and that this gives us a reason to reject it as an account of fairness. I will argue that luck egalitarianism does make specific judgements about which market-generated outcomes are compatible with maintaining a fair distribution. In addition, I will argue that luck egalitarian prescriptions accord with our pre-theoretical intuitions about the (un)fairness of certain market-generated outcomes. Securing these points both speaks in favour of luck egalitarianism as an ethical principle and provides a framework within which to analyze the fairness of practical, real world cases. |
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ISSN: | 1572-8447 |
Obras secundarias: | Enthalten in: Ethical theory and moral practice
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Persistent identifiers: | DOI: 10.1007/s10677-013-9454-z |