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Chance, Merit, and Economic Inequality - Rethinking Distributive Justice and the Principle of Desert (Hardcover, 1st ed. 2020)
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Chance, Merit, and Economic Inequality - Rethinking Distributive Justice and the Principle of Desert (Hardcover, 1st ed. 2020)
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This book develops a novel approach to distributive justice by
building a theory based on a concept of desert. As a work of
applied political theory, it presents a simple but powerful
theoretical argument and a detailed proposal to eliminate unmerited
inequality, poverty, and economic immobility, speaking to the
underlying moral principles of both progressives who already
support egalitarian measures and also conservatives who have
previously rejected egalitarianism on the grounds of individual
freedom, personal responsibility, hard work, or economic
efficiency. By using an agnostic, flexible, data-driven approach to
isolate luck and ultimately measure desert, this proposal makes
equal opportunity initiatives both more accurate and effective as
it adapts to a changing economy. It grants to each individual the
freedom to genuinely choose their place in the distribution. It
provides two policy variations that are perfectly economically
efficient, and two others that are conditionally so. It
straightforwardly aligns outcomes with widely shared, fundamental
moral intuitions. Lastly, it demonstrates much of the above by
modeling four policy variations using 40 years of survey data from
the Panel Study of Income Dynamics.
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