economic justice

Definition

The basic and well accepted principle of fairness where the consequence of official policies should be the equal allocation of benefits among participants in an economy. For example, implementing policies that reflect the goal of economic justice might involve eliminating discriminatory hiring practices and permitting people to work freely where their business skills are required.

Use economic justice in a sentence

  • The recent events made me believe that there was no such thing as economic justice and I decided to get out of the business.

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  • The economic justice existed in America, so people could start from the bottom and work their way up to the top.

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  • You should always make sure that your company is working with economic justice so that others treat you the same.

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