Political Science 1020E Lecture Notes - Lecture 9: Thomas Piketty, Marginal Utility, Justice As Fairness

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Economic inequality: huge increase in income inequality. Thomas piketty, capital in the twenty-first century. U. s. president obama on (cid:498)the defining challenge of our time(cid:499) Exclusion from (cid:495)common life(cid:495) leads to a lack of self-respect. Self-respect requires participation in society on relatively equal terms with. Self-respect depends on what you can do relative to other people. Economic inequality is bad for those who have less. Being economically worse off is itself harmful to your health: level of inequality correlated with worse health outcomes. Economic inequality is bad for communal, fraternal, or solidaristic social relations. Economically stratified communities: physically and socially gated. But solidarity is not as uncontroversially valuable as self-respect or health. Goods such that you can give someone more only by giving others less. University placements: the instrumental value of education. The importance of getting a positional advantage over others in the competition. Each of these seems strictly egalitarian but isn(cid:495)t.

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