Author Question: Monopolistic markets and their high prices and profits violate capitalist justice because the seller ... (Read 93 times)

ghost! · **on:** Jun 19, 2018

Monopolistic markets and their high prices and profits violate capitalist justice because the seller charges more than the goods are worth. Thus, the prices the buyer must pay are unjust.

a. True
b. False

Question 2

Explain what theory emerges once we reject Rand's theory that there are no conflicts of interest.

A. If we reject the idea that there are no conflicts of interest, we see that thereis a duty to act in one's self-interest, and we recognize altruism andselfishness both as positive virtues.
B. If we reject the idea that there are no conflicts of interest, we see that thereis a duty to help those in need, and we recognize altruism as a virtue tocombat selfishness.
C. If we reject the idea that there are no conflicts of interest, we see that thereis a duty to help those in need, and we recognize selfishness is a virtue in and
of itself.
D. If we reject the idea that there are no conflicts of interest, we see that there
is an absolute duty to give one's time and money if one has the talent and the
wealth, and we recognize altruism as a somewhat unnecessary virtue.