Justice Justice is traditionally defined as suum cuique trader, which means the position by which we render to each one

ne what is due to him/her. A complete disposition, a good habit, a virtue that urges the doer to give what is due to others.

Issue of Justice Pertinent to Business and Market System o In Practice Justice means that employees work harder to deserve increase in salary, and that hardworking employees get recognition. o In Spirit Equal opportunity employment is recognized. Everyone is recognized and respected for what he/she.

Different Forms of Justice o General Justice It is directed to the norms of right order. It is the virtue that demands all capable citizens to pay proper taxes to the state for the sake of common good. It requires community members. o Distributive Justice It disposes the legitimate authority to justly distribute the benefits and burden to particular individuals. Distributive Justice is a distribution process. It is strictly particular to the good of others. It demands to the government to distribute tax burden properly. Distribution of Burdens In taxation requires proportionate equality, and proportionate equality is not necessarily an equal share but a fair of carrying the burdens of taxes. Distribution of Benefits It provides the state to assigns the highest budgetary priority to education; retain the best and brightest available talents and other job satisfaction and fulfilment.

o Commutative Justice Its main concern is the strict mathematical equality that requires us to give to others what is due to them. o Social Justice o Christian Point of View It requires the private sector, all business institutions, NGOs, and the government to acknowledge that the greatest benefits should go to the four Ls: Less Fortunate. Least Advantaged. The Last. The Lost. It makes sure that those who have more in life can assist those who have less. o Injustice Is the fruit of the inequitable distribution of goods and services originally intended for all. One of the greatest injustices of the contemporary history is that the affluent powerful, prosperous, and moneyed. o John Rawls Point of View Neo Kantian it begins with a rational estimate of what everyone would think. Original Position is a Hypothetical Device for developing and examining the justice of societal principles and laws. Rawls two guiding principles: Principle of equally liberty - To have an equal right to the most extensive basic liberty compatible with similar liberty for others. Difference principle Social and economic inequalities must be such that everyone has a fair and equal opportunity of obtaining them. o John Rawls Maximin Solution The solution benefits the least advantage in society.