Economics Dictionary of Arguments

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Justice: Justice can be understood as the fair and impartial treatment of all people. It is often associated with the law. Some key elements are fairnes, equality, proportionality, accountability. See also Law, Rights, Equality, Impartiality.
Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

Author Concept Summary/Quotes Sources

Friedrich A. von Hayek on Justice - Dictionary of Arguments

Mause I 197
Justice/Hayek: HayekVsRawls: Hayek's philosophy of freedom sees redistribution as an inadmissible interference in the autonomy rights of individuals and therefore rejects them because of their negative effects on social justice. (1)
Hayek's thesis: the overriding norm is that of individual autonomy. Terms that limit this autonomy need to be justified. For example, re-distribution: does not stand up to this justification, as the market is unsurpassedly efficient for Hayek.
Market/Hayek: For the market to function optimally, all it needs is equal rights for all market participants, maximum contractual freedom and a minimum social security system.
Any further redistribution measures would not only suppress the incentive to secure one's own existence. Nor would it have any legitimation either: possible unequal exchange results of the market are an unintended consequence of individual action and, due to the lack of intentionality, cannot justify any follow-up responsibility. (2)
VsHayek: Hayek does not take into account that interest groups can influence pricing or that a large number of services are not provided via the market. (3)
Mause I 203
Justice/Theories of Justice/Hayek: Where Hayek relies on the principle of performance justice, Rawls focuses on equal opportunities, while Sens' principle of participation justice comes very close to need justice. (4)(5)
RawlsVsHayek, HayekVsRawls, SenVsRawls, RawlsVsSen, SenVsRawls, SenVsHayek, HayekVsSen.
>Social Market Economy.

1. F. A. von Hayek, Die Verfassung der Freiheit. Tübingen 1971.
2. W. Kersting, Kersting, Theorien der sozialen Gerechtigkeit. Stuttgart 2000, pp. 60-63.
3.I. Becker, R. Hauser, 2011. Soziale Gerechtigkeit – ein magisches Viereck: Zieldimensionen, Politikanalysen und empirische Befunde. Berlin 2011, pp. 31-34.
3. Sven Jochem, Reformpolitik im Wohlfahrtsstaat: Deutschland im internationalen Vergleich. Berlin 2009, p. 68.
4. Cf. Rieger, Elmar, und Stephan Leibfried, Kultur versus Globalisierung: Sozialpolitische Theologie in Konfuzianismus und Christentum. Frankfurt am Main 2004, p. 44.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Hayek I
Friedrich A. Hayek
The Road to Serfdom: Text and Documents--The Definitive Edition (The Collected Works of F. A. Hayek, Volume 2) Chicago 2007

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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