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Author Question: Proponents of income redistribution argue that redistribution (Read 194 times)

bucstennis@aim.com

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Question 1

Opponents of income redistribution argue that


◦ redistribution violates the proposition that "one is entitled to the fruits of one's efforts."
◦ property income is less just than labor income and thus redistribution of that income is justified.
◦ redistribution encourages too much competition.
◦ Both redistribution violates the proposition that "one is entitled to the fruits of one's efforts." and redistribution encourages too much competition are correct.

Question 2

Proponents of income redistribution argue that redistribution


◦ increases the welfare of all members of society.
◦ will not take place absent government intervention as the market for charity, a private good, is imperfect.
◦ would be agreed to by all members of society if they were risk-loving and contracting from the "original position."
◦ helps those who, through no fault of their own, are unable to earn an adequate income.


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Marked as best answer by bucstennis@aim.com on Apr 19, 2019

cclemon1

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Sydney Wheeler

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