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A PROPOSAL FOR AN AUTOMATIC STABILIZER IN SOCIAL JUSTICE

Emil Dinga, Cristina Tanasescu () and Gabriela-Mariana Ionescu
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Emil Dinga: Romanian Academy, Bucharest, Romania
Gabriela-Mariana Ionescu: SCOSAAR, Bucharest, Romania

Studies in Business and Economics, 2019, vol. 14, issue 3, 72-83

Abstract: Generally, social justice has two sides which are intercorrelated and inter-dependend: a) constitutive social justice (for example, the so called commutative social justice); b) regulative social justice (for example, the so called distributive social justice). The paper approaches the regulative social justice, more exactly, an automatic mechanism to get it. To this end, an automatic stabilizer to provide distributive social justice, according to the Rawlsian principle of difference. Such an automatic stabilizer is grounded on the wealth, more precise, on the share of the wealth which is not invested in order to benefit to the more disadvantaged class of the society. Paper does not test empirically the proposal, such a propose remaining for next intervention in this publication.

Keywords: social justice; automatic stabilizer; difference principle; commutative social justice; distributive social justice (search for similar items in EconPapers)
Date: 2019
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