Nozick''s theory of economic justice

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Nozick's theory of economic justice is based on the idea that you are entitled to hold your property if you have acquired it fairly. While Nozick's entitlement theory addresses the idea of an individual's wealth, it does have implications for our business environments. Many would argue that businesses do not gain their vast wealth through fair dealings with communities, consumers, and employees. Locate an article that addresses unfair business practices, high profitability to the detriment of the consumer, or unfair salary practices for the C suite. Apply Nozick's explanation of entitlement theory After applying entitlement theory, define the ethical dilemma that you have identified in the article. How would you "fix" this ethical issue? Can or should we apply entitlement theory in our business environments?

Reference no: EM13259848

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