Understand and explain the key elements of Utilitarianism
Meaning and overall approach
Main criticisms
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Understand and explain the key elements of Nozick’s theory
Entitlement theory and how it works
Original acquisition
Acquisition by transfer
Criticisms
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Understand and explain the key elements of Rawls’ theory ofJustice
Original position negotiating behind a ‘veil of ignorance’leading to conservative decision making
Two principles of his approach
Liberty
The ‘difference principle’ (maximin)
Criticisms
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Apply these theories in a business setting