Answer to Question #200400 in Microeconomics for vtg

Question

Could John Rawls’ Principles of Justice have resulted in a better socio-political outcome , discuss your response in detail. 

Answer 1

Do believe that America operates on the principles Rawls describes. Equal liberty for all is one of the US’ founding pillars and guides much of our rights today. Along with that, the notion that if one person fails, we all fail is quite salient here, especially to proponents of the “Trickle Down” economic theory which states that by giving money to business owners, the money will end up also benefitting the employees of the business and the economy where they spend their money.