Economics homework help

“Many contemporary philosophers disagree…they believe that we should…seek some general theory of justice in economic distribution, on the basis of which we can assess current social practices. Three such theories are the utilitarian, the libertarian, and the Rawlsian (egalitarian).”

Discussion question:

Think of a company you know – whether as a customer, employee, supplier, etc. — which is earning substantial profits in spite of the 2020 Covid pandemic and resulting economic downfall. How would each of the theories of justice in economic distribution – utilitarian, libertarian, or egalitarian – apply? Explain your reasoning.

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