Rawls's Theory Is a Theory of "Justice as Fairness

question 81

Essay

Rawls's theory is a theory of "justice as fairness." Do you see anything unjust or unfair in it? Why or why not? Some feminist and other theorists have criticized Rawls's idea of the "original position" because it strips away particularities from the persons who might imagine themselves behind the "veil of ignorance." Do you think this might be a valid criticism, or do you think it could be based on a misunderstanding of Rawls' theory?

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Definitions:

Stockholders' Equity

Stockholders' Equity is the residual interest in the assets of a corporation after deducting liabilities, representing ownership equity spread amongst shareholders.

EPS Reporting

The process of disclosing earnings per share, a key financial ratio indicating the portion of a company's profit allocated to each outstanding share of common stock.

GAAP

Generally Accepted Accounting Principles, a set of accounting standards and practices used in the United States to ensure financial statements are consistent and transparent.

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for financial reporting.