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Utilitarian Justice
A principle in ethics and economics that a decision should be made so as to maximize overall happiness and reduce suffering among all people affected by the decision.
John Stuart Mill
A British philosopher and economist, known for his contributions to liberalism, utilitarianism, and political economy.
Income Redistribution
The policy or practice of adjusting the distribution of income in a society to achieve social or economic objectives.
Ideal Distribution
A theoretical distribution model that optimally allocates resources or products to meet demand efficiently.
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