Sandel Chapter One Notes
Sandel Chapter One Notes A HTG 100
Popular in American Heritage
Popular in American Heritage
This 2 page Class Notes was uploaded by Ethan Sheppard on Sunday September 4, 2016. The Class Notes belongs to A HTG 100 at Brigham Young University taught by Patterson in Summer 2015. Since its upload, it has received 73 views. For similar materials see American Heritage in American Heritage at Brigham Young University.
Reviews for Sandel Chapter One Notes
Report this Material
What is Karma?
Karma is the currency of StudySoup.
Date Created: 09/04/16
Chapter 1 Sunday, September 4, 2016 12:14 PM Doing the Right Thing "Price-gouging": the rise in the prices of goods and services when their demand increases during a time of heightened need. Example, hotels and contractorsraising prices following a hurricane in Florida. Thomas Sowell, a free-marketeconomist-"emotionallypowerful but economicallymeaningless expression that most economistspay no attention to, because it seems too confused to bother with." There is nothing unjust about these prices, they simply reflect the value that buyers and sellers choose to place on the things they exchange. Jeff Jacoby, pro-marketcommentatorfor Boston Globe- "It isn't gouging to charge what the market will bear. It isn't greedy or brazen. It's how goods and services get allocated in a free society."Public anger is no justification for interfering with the free market. Attorney General Crist (Republican)- "This is not the normal free market situation where willing buyers freely elect to enter into the marketplaceand meet willing sellers, where a price is agreed upon based on supply and demand. In an emergency,buyers under duress have no freedom. Their purchases of necessities like safe lodging are forced." Who in this situation would be right or wrong? Welfare, Freedom, and Virtue What is the meaning of justice in this situation? 1. Maximizing welfare 2. Respecting freedom 3. Promotingvirtue Free market argument rests on two ideas: 1. Providing opportunities for those to work hard supplying goods into the system. 2. People are free to choosethe value they place on goods and services. Opponents: 1. Welfare of society is decreased by high prices during hard times. 2. During crisis times, people are not free to place value on anything because they are forced to buy. Greed: goes against civic virtue, a vice, and an evil characteristic. A society that puts greed first, cannot be a good society. Adding virtue to the argument makes it more personal than logical arguments about welfare and freedom. Today, arguments about freedom and welfare have an underlying feature of virtue. Justice and virtue add our personal thought and feelings about the way our society should be. Aristotle on justice: giving people what they deserve. What wounds deserve the Purple Heart? With a more recent debate over who should receive the Purple Heart at (militaryreward for those killed With a more recent debate over who should receive the Purple Heart at (militaryreward for those killed or wounded by enemies), it was decided that those with post-traumaticstress would not receive the reward for that specifically. Reasons:not directly caused by the enemy combatants, and the difficulty to objectivelydiagnose. Again, virtue comes into play. Some consider it honorable to suffer physically from war, others consider mental disorders as similar wounds. Ballot Outrage The financial crisis of 2008-2009led to a bail-out from the government,stabilizing massive companies intertwined throughout the country's economy.However after receiving bailout money,several companies elected to award their employeesmassive bonuses, the most notable being A.I.G (American International Group). Moral arguments in this situation: employeesthat had caused the financial crisis were rewarded with bonuses, and the extra money being given to these companies that had failed. President Obama- "This is America. We don't disparage wealth. We don't begrudge anybody for achieving success. And we certainly believe that success should be rewarded. But what gets people upset- and rightfully so- are executivesbeing rewarded for failure, especially when those rewards are subsidized by U.S. taxpayers. Do the successful deserve the bounty that markets bestow upon them, or does that bounty depend on factors beyond their control? And what are the implications for the mutual obligations of citizens-in good times and hard times? Three Approaches to Justice What are people due and why? Welfare, Freedom, and Virtue each offer a unique opinion on justice. Welfare- how do we promoteprosperity? After all, we believe that prosperity equates to being better off as individuals and a society. Freedom- how does it relate to justice? We tend to think of it as a relationship between respecting freedom and individual rights. The argument is how much goes which way? Do we respect everyone's choices, or should there be policies that fix disadvantages and gives everyoneequal footing? Virtue- bound with justice. Political movementsarise from virtue, about what they believe is right. This is moreopinionated and results in arguments both with others and ourselves. Moral Dilemmas Arguments over things such as abortion, taxation, affirmativeaction, interrogation methods,etc. These arguments shape our elections and political landscape. Plato's works suggest that we must rise above prejudices and routines of everyday life to fully understand the meaning of justice and the good life.