Barter justice

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Commutative justice ( lat. Iustitia commutative ), and market conformity , a concept denoting poetic justice that those goods and power balancing in a voluntary exchange business as justice deemed equivalent in performance and reward. The fairness of exchange therefore includes the postulate of the "equivalence principle", which provides that the market value of a service offered for exchange also corresponds to the price paid to the provider for it.

Just like the concept of corrective justice, in which, however, the forced compensation or the retribution of an already existing injustice is in the foreground, the exchange justice also considers the value of abstract goods and services . In this way, it is to be distinguished from distributive justice , which describes a just state of affairs with a view to the value or the eligibility of people to be allocated .

Exchange justice has a constitutive meaning in a market economy .

See also

Web links

Individual evidence

  1. Werner Lachmann: Economics 2: Applications . Gabler Wissenschaftsverlage, 2003, ISBN 3-540-20219-6 , p. 176.