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Justice in Economics
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Economic Democracy
A socio-economic philosophy that proposes to shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders.
Procedural Justice
Fairness in the processes that resolve disputes and allocate resources.
Contributive Justice
The fair opportunity to contribute to society's economic processes.
Global Justice
Fairness in matters concerning international relations, especially in economic transactions between countries.
Intersectionality in Economic Justice
The study of overlapping or intersecting social identities and related systems of oppression, domination, or discrimination.
Theory of Justice
A theoretical framework that discusses fairness in the distribution of social goods and responsibilities.
Communitarianism
Stresses the connection between the individual and the community in the formulation of ethical and political norms.
Participatory Justice
Inclusion of all stakeholders in decision-making processes that affect them.
Recognition Justice
Acknowledging and respecting the differences among individuals and groups.
Utilitarianism
The ethical theory that the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.
Distributive Justice
Equitable allocation of wealth within a society.
Compensatory Justice
Compensation to individuals or groups for past injustices or harms.
Libertarian Justice
A view that emphasizes individual freedom and voluntary association with minimal state interference.
Social Justice
Promotion of just societies through fair treatment and a just distribution of resources.
Feminist Economics
The critical study of economics and economies, with a focus on gender-aware and inclusive economic inquiry and policy analysis.
Egalitarianism
Belief in the equality of all people, especially in political, economic, or social spheres.
Capability Approach
Focus on enhancing individuals' capabilities and opportunities to choose the kind of life they value.
Retributive Justice
Just imposition of punishment for wrongdoing.
Market Justice
Economic justice principles that emphasize free market ideologies.
Environmental Justice
Fair treatment and involvement of all people with respect to environmental policies and practices.
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