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Questions and Answers
What is the primary social link between a human being and the process of producing and distributing wealth?
What is the primary social link between a human being and the process of producing and distributing wealth?
- Collective ownership
- Competitive marketplace
- Private property (correct)
- Decentralized power
What is the key to distributive justice, assuming economic values are set democratically and freely in a competitive marketplace?
What is the key to distributive justice, assuming economic values are set democratically and freely in a competitive marketplace?
- Participation in work
- Private property (correct)
- Decentralized power
- Collective ownership
Why is decentralized power essential for safeguarding against the corruptibility of concentrated power?
Why is decentralized power essential for safeguarding against the corruptibility of concentrated power?
- Because power tends to corrupt and absolute power corrupts absolutely (correct)
- Because individuals have a definable private property stake in the corporation
- Because power naturally follows the ownership of property
- Because property determines who has the right to share in profits
What is property?
What is property?
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What are the rights of property?
What are the rights of property?
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What is corporate equity?
What is corporate equity?
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