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Justice is the first value in the University of Puerto Rico, College of Business Administration's Statement of Values. The purpose of this profile is to provide a more in-depth look at this important value. It will examine the core meaning of justice (justice as a fair agreement stemming from a social contract), its key features, different kinds of justice (distributive, retributive, compensatory, administrative), some useful frameworks in justice, cases involving justice, and a social contract exercise to convey the concept's core meaning. This profile will eventually be combined with profiles of the other four SOV values in a collection to be used in verifying and challenging ADEM's Statement of Values. It will be subjected to updates as the author continues research into this area and also has chance to assess in the classroom the success of the exercise the module offers.

Value profile: justice

The root or core meaning of justice is giving to each what is due.

Suppose you are moving and are trying to decide how to pay the three workers who are helping you. Giving each his and her due might simply consist of paying all three the same amount. This version of what is due is egalitarian. Or you might give a bit more to the worker whose oldest child is sick and needs expensive medical treatments. This version of giving each what is due is more necessitarian, that is, distributing on the basis of need. Or you could wait until the move has already occurred and give the most to the worker who did the most; this could be termed a merit-based approach to what is due. This example is presented in different sources. One is Beauchamp and Bowie (1988). Ethical Theory and Business, 3rd Edition . Upper Saddle, NJ: Prentice-Hall, p. 552.

Justice, then, in its core sense implies a distribution of something that accords with our common ideas of fairness, equality, merit, and impartiality.

Moving from this core meaning, justice classically divides into different senses. These are different senses distinguished by Manuel Velasquez (2006), Business Ethics: Concepts and Cases, 6 th ed . Upper Saddle River: NJ: Prentice-Hall, p. 88.

  1. Distributive Justice examines how to divide and allot fairly the benefits and harms that result from social cooperation.
  2. Retributive Justice concerns itself with the fair and impartial administration of punishment to wrongdoers.
  3. Compensatory Justice scrutinizes how we fairly compensate those who have been wrongfully harmed by others.
  4. Administrative Justice looks at how rules are fairly and impartially administered in a social, political, or organizational context.

Justice, hobbes, and the social contract

Many have worked to derive a conception of justice a version of the social contract. The exercises in this module have you look at justice as resulting from procedures derived from Thomas Hobbes (1588-1679) and John Rawls (1921-2002). (Hobbes selections come from Steven Cahn (editor), Classics of Western Philosophy, 2nd Edition. Indianaplis, IN: Hackett Press (1985): 361 and 368. Those on Rawls come from Theory of Justice or Ethical Theory and Business (edited by T Beauchamp and N Bowie, Upper Saddle, NJ: Prentice-Hall, 1988, pp. 559-567.

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
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Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
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Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
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Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
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Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, Collection of ethics modules for civis. OpenStax CNX. Feb 26, 2013 Download for free at http://legacy.cnx.org/content/col11493/1.1
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