what is economic justice? mention some features of economic justice
Answers
Answer:
Economic justice is a component of social justice and welfare economics. It is a set of moral and ethical principles for building economic institutions, where the ultimate goal is to create an opportunity for each person to establish a sufficient material foundation upon which to have a dignified, productive, and creative life.
Features of economic justice
1. Economic justice is the idea that the economy will be more successful if it is fairer.
2.The goal is to create opportunities for all to thrive and that prosperity and justice go hand-in-hand rather than in opposition to one another.
3. Universal basic income, income equality by gender and race, equal opportunity for employment and credit, and allowing all to reach their full potential are all tenets of economic justice.
Answer:
Economic justice is the idea that the economy will be more successful if it is fairer. Universal basic income, income equality by gender and race, equal opportunity for employment and credit, and allowing all to reach their full potential are all tenets of economic justice.