THE FAIRNESS OF MARKET OUTCOMES

John Tomasi compares two types of societies. The first has income disparities that are small, because it focuses on income redistribution. The second focuses on market distribution and allows for greater income disparities. He argues that the second one grows faster and creates more wealth so that the poor people become better off. Over time, the second produces outcomes that are fairer, especially for the poor, than the first.
SEGMENT 1 / POM DVD

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