58. Harm Principle
Every sane adult should be
free to do whatever he or she
wants as long as his or her
actions do not harm, or
threaten to harm, others.
78. The Original Position
Non-presocial liberal ideas that, if
consensually held, would lead
everyone to accept the equal
liberty and difference principles as
the basis for mutually beneficial
social cooperation.
87. Equal Liberty Principle
The state must provide the most
extensive system of equal
liberties that is feasible and
desirable. All individuals must
enjoy the greatest degree of
liberty consistent with the
enjoyment of like liberty by
everyone else.
88. Difference Principle
Primary social goods are to be
distributed equally unless an
unequal distribution would
improve the welfare of the least
well-off in society.
105. The many benefits of capitalism
are offset by certain problems:
• Complete market freedom results in
various types of market failures.
• Monopolies which undermine
competition & lead to concentrated
power.
• Business cycles which create
economic inefficiency and insecurity.
106. The many benefits of capitalism
are offset by certain problems:
• Capitalism creates externalities
which harm the broader public.
• Pure Market Systems unable to
provide many public goods.
• Wealth isn’t distributed to everyone.