The concepts of market justice and social justice

Briefly define the concepts of market justice and social justice.
In what ways do the two principles complement each other and in what way are they in conflict in the US Healthcare Delivery.

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Sample Answer

 

 

  • Market justice is a system of allocating goods and services based on supply and demand. In a market justice system, individuals are rewarded for their contributions to the market, and those who are able to pay for goods and services are able to obtain them.
  • Social justice is a system of allocating goods and services based on need. In a social justice system, individuals are not rewarded for their contributions to the market, but rather are given what they need to live a decent life.

Full Answer Section

 

 

 

The two principles of market justice and social justice can complement each other in a number of ways. For example, a market justice system can provide the incentives for individuals to work hard and innovate, which can lead to economic growth and prosperity. This prosperity can then be used to fund social programs that provide for the needs of those who are less fortunate.

However, the two principles can also conflict with each other. For example, a market justice system may lead to inequality, as those who are already wealthy are able to accumulate even more wealth, while those who are poor may struggle to get by. This inequality can then lead to social unrest and instability.

In the US healthcare delivery system, the principles of market justice and social justice are often in conflict. On the one hand, the US healthcare system is based on a market justice model, with private health insurance companies and hospitals competing for patients. This system has led to innovation and high-quality care for some patients. However, it has also led to high costs and high levels of inequality in access to care.

On the other hand, there are a number of social programs in the US healthcare system that are designed to provide care for those who cannot afford it. These programs include Medicaid, Medicare, and the Children’s Health Insurance Program (CHIP). These programs have helped to reduce inequality in access to care, but they have also put a strain on the federal budget.

The conflict between market justice and social justice in the US healthcare delivery system is a complex issue with no easy solutions. However, it is an issue that needs to be addressed in order to ensure that all Americans have access to quality, affordable healthcare.

Here are some specific examples of how the principles of market justice and social justice conflict in the US healthcare delivery system:

  • The high cost of healthcare: The US healthcare system is the most expensive in the world, and this is largely due to the market justice model. In a market justice system, healthcare providers are free to set their own prices, and these prices can be very high. This high cost of healthcare can make it difficult for people to afford the care they need.
  • The lack of universal healthcare: The US is the only developed country that does not have universal healthcare. This means that millions of Americans do not have health insurance, and they may not be able to afford the care they need.
  • The racial and ethnic disparities in healthcare: There are significant racial and ethnic disparities in healthcare in the US. For example, African Americans and Latinos are more likely to be uninsured than white Americans. They are also more likely to die from preventable diseases. These disparities are largely due to factors such as poverty, discrimination, and lack of access to care.

These are just a few examples of how the principles of market justice and social justice conflict in the US healthcare delivery system. This conflict is a complex issue with no easy solutions, but it is an issue that needs to be addressed in order to ensure that all Americans have access to quality, affordable healthcare.

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