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The blindfold was originally a satirical addition intended to show Justice as blind to the injustice carried on before her, [7] but it has been reinterpreted over time and is now understood to represent impartiality, the ideal that justice should be applied without regard to wealth, power, or other status.
In its broadest sense, justice is the idea that individuals should be treated fairly. According to the Stanford Encyclopedia of Philosophy, the most plausible candidate for a core definition comes from the Institutes of Justinian, a codification of Roman Law from the sixth century AD, where justice is defined as "the constant and perpetual will to render to each his due".
Economic justice is a component of social justice and welfare economics. It is a set of moral and ethical principles for building economic institutions , where the ultimate goal is to create an opportunity for each person to establish a sufficient material foundation upon which to have a dignified, productive, and creative life.
In an economic sense the libertarian view assumes a free market, left to its own accord, is a fair market and that redistributive taxation is unjust. [6] Many libertarian schools of thought exist with differing views on many principles, such as the role of government in the market place.
Moral blindness, also known as ethical blindness, is defined as a person's temporary inability to see the ethical aspect of a decision they are making. It is often caused by external factors due to which an individual is unable to see the immoral aspect of their behavior in that particular situation.
On the evening before he was to argue a case before the Supreme Court years ago, Jeffrey Fisher broke his glasses. “I couldn’t imagine doing argument without seeing their faces,” Fisher said.
A Theory of Justice is a 1971 work of political philosophy and ethics by the philosopher John Rawls (1921–2002) in which the author attempts to provide a moral theory alternative to utilitarianism and that addresses the problem of distributive justice (the socially just distribution of goods in a society).
Economic ethics is the combination of economics and ethics, incorporating both disciplines to predict, analyze, and model economic phenomena. It can be summarised as the theoretical ethical prerequisites and foundations of economic systems.