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Fairness in PracticeA Social Contract for a Global Economy$
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Aaron James

Print publication date: 2012

Print ISBN-13: 9780199846153

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199846153.001.0001

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The Benchmark of Equality

The Benchmark of Equality

Chapter:
(p.165) Chapter Six The Benchmark of Equality
Source:
Fairness in Practice
Author(s):

Aaron James

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199846153.003.0006

This chapter defends equality in the “gains of trade” as an appropriate benchmark for assessing trade practice: trading countries are to gain equally from trade, adjusting for background endowments, unless there are special reasons that inequality of gain is justified. This is appropriate because trading countries are moral equals, because they have relevantly similar interests in greater rather than lesser shares of the benefits of trade, and because they lack special entitlements to any particular level of gain, beyond what is fair. The chapter challenges objections from appeals to special contribution, special property entitlements, and to individualistic rather than internationalist conceptions of trade practice.

Keywords:   fair division, equality, symmetry of interests, entitlements, contribution, endowment adjustment, integration, exclusion, individualism

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