What Is the "Maximin" Rule for Making Decisions and What

question 42

Essay

What is the "maximin" rule for making decisions and what role does it play in Rawls's argument?

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Definitions:

Benefits Received

A principle that taxes or charges should be levied according to the benefits a taxpayer receives from public expenditures or services.

Department

A distinct area, division, or branch of an organization focused on a specific set of tasks or functions.

Cost Center Managers

Individuals responsible for overseeing a business unit that does not directly contribute to profit but incurs costs, focusing on controlling and reducing those costs.

Controlling Costs

The process of planning, monitoring, and managing expenses to ensure they don't exceed budgeted amounts.