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In Marx's view, equality extends in terms of distribution, where there is no private ownership, but where the government manages all goods for the supposed good of all citizens. Hence, equality extends not in terms of power, but in terms of material goods, which is managed by a centralized government. Hence, the bailout plan is ideal, with the government taking possession of the company and allowing its former owners to manage it in a way that is beneficial for its survival and the employees who depend on it for their survival.
I believe that the bailout should have been done. Like many other companies, GM was in financial trouble. Since the government was in a position to provide assistance, it is right that they should have done so. However, I tend to be in agreement with Locke and Smith that the government should not have taken permanent ownership of any of the companies...
Instead, I believe it would have been more ethical in terms of the free market economy to take temporary ownership of the companies it provides loans to only until such time as the loan is repaid. When seen in terms of utilitarianism, justice, rights, and caring, on might say that the bailout was indeed ethical if the alternative is no bailout. It is more useful for the economy and the employees of the company that the bailout is received, for example. All workers also have the right to continue working and receiving their salary. Justice is also served by providing the bailout to GM, since the government has also done this for other companies. In terms of caring, it is ethical that GM should have received assistance from the government, since not providing it with this would have created a financial disaster for the company and all the employees associated with it.
S. Constitution as offering much protection but instead view it as being the responsibility of the states to provide protection for private property owners. In the event that the courts "...continue to abdicate their role as the protector of individuals rights, then big government and powerful corporations will continue to run roughshod over the property interest of small landowners." (Liles, 2006, p.372) Liles holds that the legislature being allowed a leeway
For example, teaching children to be modest is a matter of both reason and virtue. It is a matter of virtue because it allows for a deeper and more respectful approach to life and the relationships with the others. A modest person has more changes to focus his life on being instead of on having. Ideally this would render one more free and also happier. It is a matter
To achieve his ends man gives up, in favour of the state, a certain amount of his personal power and freedom Pre-social man as a moral being, and as an individual, contracted out "into civil society by surrendering personal power to the ruler and magistrates, and did so as "a method of securing natural morality more efficiently." To Locke, natural justice exists and this is so whether the state
John LockeLocke believed in the law of liberty and held that an ethical system for society should strive to maintain the law of liberty. He wrote in his Second Treatise that a society had a right to overthrow a government if that government did not serve the cause of liberty: �For liberty is to be free from restraint and violence from others which cannot be, where there is no law��(p.
Justice, political philosopher John Rawls looks at the idea of social justice and the individual rights of the individual by redefining the last 200+ years of the American experience. In general, he looks at the manner in which the Founding Fathers were correct by basing their views on previous social contract theorists like Locke and Rousseau. For example, there is a clear linkage between John Locke and Rawls that
These are ethics that know no cultural bounds. What is perceived as ethical in one society as well as any other is an example of a natural law. These are typically based on the human desire for equality as well as the desire to do good ("What is Natural Law?"). Furthermore, natural rights evolve legally from natural laws often. They also often see an intertwining of religious beliefs, although