PROFESSIONAL BUSINESS ETHICS
There has been a lot of confusion on what is morally upright but again this only works if it is seen in diverse perspective. Raising the price of commodities and other products would have consequences suffered more by the end user, I would present some arguments based on economic, ethical and those specific moral theory as articulated by Rawl’s. An exorbitant charge is attained when the corporates twist their prices to certain heights which are unauthorized by the law. Fundamentally, Libertarian is what we would call the tendency of political philosophy in which it advocates for minimal disturbance to the people.
Economic issue
I believe what is just has a no distinction from morality and therefore, raising the prices in which it would cost a lot to people themselves is a representation a total self-interest. The arguments would expeditiously expound on what I would like to call equivalent rights going to the most extensive total system having equilibrium in all basic liberties (Rawls, 1999). The problem of exorbitant prices should not rise in libertarian. Since, it is actually in this theory that we would notice the commitment to the existence of rights to the larger group. Price hikes are worst especially if touches the health care of individuals and they heavily depend on the drug, I mean who a you to be mean with life? Still, dwelling on the same, the equality and precedence practiced in the social corporate world has reached a point which distribution of justice seen as justice as if fairness is no longer there. The concept of freedom and morality should not conflict at one point as such that justice ought to be truly and affordable to every person (Rawls, 1999). Commodities and price control should be a stable environment where a logical preference enables people to opt for systems equally regardless of class or race.
Ethicality
By far many agree might agree that the government should intervene in controlling the prices in the markets in a quest of covering the interest of the majority, well the theory sums in another perspective. Lodging in the idea and illuminating Rawls theory will be featured in the paper not forgetting the contemporary natural law application in accordance with a libertarian (Rawls, 1999). The concept then to vary but you would not fail to see the ambiguous virtue of common belief that individuals unique morals in the sense of natural rights stating that rights are earned by just being having human being status. The rights are constrained in a manner that is morally permissible for both and more specifically the common people.
Moral theory
Rawl’s believes that economic and social inequalities are unjust if they don’t match with certain requirements. The price hike will definitely present no equal opportunity but a complete portray of inequality going to the least in the economy (Rawls, 1999). The area of concern would be bestowing same rights served to every person should possess the same level of materials and goods and this is the actual thing that effects the moral ideal. The theory advocates for minimal disturbance and it is in this connection that the prices should be reasonably priced in an affordable manner not disadvantaging anyone in particular leave alone the gender, social or ethnic basis. It is the redistribution if justice in the system (Rawls, 1999).
This theory might not present one of the best and solid results but with series of philosophers which we have had, it would be better left to be the theory which amasses most of the concepts and arguments. Ignorance to just should not imply that concerns of justice are equal and neither implies we have captured everything we absolutely know about.
References
Rawls, J. (1999). A theory of justice. Cambridge, Mass: Belknap Press of Harvard University Press.