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The Principle of Limitation

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Questions and Answers

The principle of limitation becomes operative when

The economic rights of others are not respected

The distributive share an individual receives bears no relation to the value of their contribution

The ownership of labor is completely diffused

The ownership of capital is highly concentrated (correct)

The principle of limitation is significant in an economy that is based on

The complete diffusion of labor ownership

The joint participation of independent contributors to the production of wealth

The principle of distribution being 'from each according to his ability, and to each according to his needs'

The institution of private property in the means of production (correct)

The principle of distribution 'from each according to his ability, and to each according to his needs' renders the principle of limitation

Obsolete

Redundant

Insignificant (correct)

Operative

What is the main principle that should govern society's dealings with individuals?

The principle of self-protection Signup and view all the answers

What is the key requirement for effective participation in democratic self-government?

Citizenship Signup and view all the answers

In a truly capitalist economy, what is as widely diffused as the ownership of capital?

Economic freedom Signup and view all the answers

What is the main idea conveyed in the text?

The principles governing society's dealings with individuals Signup and view all the answers

What is the principle of justice in the distribution of wealth based on?

Property rights Signup and view all the answers

What is the consequence of the concentration of capital ownership in a society?

Decreased opportunities for laborers Signup and view all the answers

When does the concentration of ownership become intrinsically unjust according to the text?

All of the above Signup and view all the answers

What is the purpose of laws in relation to the principle of limitation?

To limit individual liberty Signup and view all the answers