Explain Aristotle's Analysis Of Justice

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Business Ethics
Post-mid
Assignment 1
Topic: Aristotle’s Analysis of justice in the field of business
Name: Mehma Kunwar
Course Instructor: Ms. Hadiqa Atif
Major: Accounting and Finance
Semester: 2

Introduction
In general terms, justice is understood as the instilment in self of doing what is just, to act justly and wish for justice. In more restricted terms, it means being fair. However in Aristotle’s virtue ethics, justice is considered as the midpoint that is the “golden mean”. Just as is important for the character to possess the right amount of courage, temperance, patience, wit, goodwill to qualify for being virtuous is justice important for the character. Aristotle’s viewpoint is largely deontological in which ethics is virtue …show more content…

In the ‘wide’ sense of justice, which he names as the universal justice, anything legal is just and anything illegal is unjust. This is quite simple. On his account of the law (but not perhaps ours today), the law instructs us to be virtuous (courageous, temperate, good-tempered, etc.) and prohibits us from being vicious. In this wide sense, then, justice is equivalent to virtue, at least in relation to how we treat other people. We shall put this meaning of justice to one side and focus on its narrow sense.
2. In its narrow sense, which he names as the particular justice, justice is fairness and to be unjust is to act ‘graspingly’. Justice is concerned with those goods, such as money, safety or suffering, that are gained or in which we can obtain some advantage relative to other people. To be unjust is to seek to gain more than one’s fair share of something good or avoid one’s fair share of something bad. Justice is the principle that each person receives their ‘due’.

The need for …show more content…

When we talk about compensatory justice, as the name suggests, it is about justice in rectification. In narrower vision, this injustice is an accident yet disturbs the moral equilibrium that has to be brought back. Here, some injustice needs to be set right or corrected. The focus, then, is not on the people involved, who are treated as equals, but on the injustice. What is unequal needs to be made equal. Justice in rectification compensates for this suffering and inflicts some form of suffering on the wrongdoer, removing their unjust ‘gain’ of avoiding suffering. Justice, then, is intermediate between acting unjustly (having too much) and being unjustly treated (having too little). This virtue, unlike the others, does relate to an intermediate ‘amount’ of

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