2334EconomicsMedium
Rawls’s miximin criterion does not mean that there should be redistribution so as to equalise everyone’s incomes in society because?
ASuch redistribution would mean that those who worked hard were no better off than those who were lazy and this would be unfair.
Bsuch redistribution would amount to confiscation of honestly earned income from higher earners and so would be unjust.
CSuch redistribution would remove the incentive to work hard, so society’s total income would fall, and so the least well off person would be worse off than they could be under a system in which there was some inequality income.
Dsuch redistribution would not maximize the total income of all members of society
Correct answer
C. Such redistribution would remove the incentive to work hard, so society’s total income would fall, and so the least well off person would be worse off than they could be under a system in which there was some inequality income.
Explanation
The correct answer is Such redistribution would remove the incentive to work hard, so society’s total income would fall, and so the least well off person would be worse off than they could be under a system in which there was some inequality income..