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.
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.