Question

1. What does zero-sum economics mean? To whom does wealth belong?
2. What is the relationship between equality and liberty? Does fairness demand economic sameness?
3. Do justice and the common good require economic equality? How do individual differences play into notions of equal distribution of wealth?

Answer 1

1. The zero-sum economy is that economy a situation in which every organization gain or loss of utility to take balance by gain or losses of the utility of other organizations. Wealth belongs to Financial assets and physical possessions that are used in transactions of money and reputation of organizations.

2. Liberty provides the freedom to do anything and covered as a right but it can be misused and the judiciary which ensures justice and everyone is equal under the law. So their liberty provides freedom and equality to provide the same level of freedom for everyone. Yes, fairness means equality demands economic sameness because economic sameness means equal economic and it is air for the market to provide equality in economic to every organization.

3. Do justice and the common good (benefit and interest of all) require economic equality that provides fairness in economics, in regard to taxation and economics welfare With socio-economic equality. An equal distribution of wealth provides opportunities to become more successful and live a healthier life for all citizens where individual differences play as a psychological characteristic that distinguishes one person from another wealth as their intelligence, personality, values, traits.