The Just Price as the Price Obtainable in an Open Market
This article argues that the price obtainable in an open market provides the best standard for determining the justice or injustice of the price of a product. The article argues that this standard, which is closely related to positions which have been held for hundreds of years, is superior to sever...
Main Author: | |
---|---|
Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer
2015
|
In: |
Journal of business ethics
Year: 2015, Volume: 130, Issue: 3, Pages: 557-572 |
Further subjects: | B
fair price
B Just price B Open market standard B Equality |
Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |
Summary: | This article argues that the price obtainable in an open market provides the best standard for determining the justice or injustice of the price of a product. The article argues that this standard, which is closely related to positions which have been held for hundreds of years, is superior to several alternative conceptions of the just price that have been put forward in recent years and is not subject to fundamental criticisms which can be addressed to them. The article also shows how this standard is grounded in more fundamental principles of justice such as desert and equality. |
---|---|
ISSN: | 1573-0697 |
Contains: | Enthalten in: Journal of business ethics
|
Persistent identifiers: | DOI: 10.1007/s10551-014-2240-6 |