Euvoluntary or not, exchange is just*: Michael C. munger

Social Philosophy and Policy 28 (2):192-211 (2011)
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Abstract

The arguments for redistribution of wealth, and for prohibiting certain transactions such as price-gouging, both are based in mistaken conceptions of exchange. This paper proposes a neologism, “euvoluntary” exchange, meaning both that the exchange is truly voluntary and that it benefits both parties to the transaction. The argument has two parts: First, all euvoluntary exchanges should be permitted, and there is no justification for redistribution of wealth if disparities result only from euvoluntary exchanges. Second, even exchanges that are not euvoluntary should generally be permitted, because access to market exchange may be the only means by which people in desperate circumstances can improve their position.

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Michael Munger
Duke University

References found in this work

Anarchy, State, and Utopia.Robert Nozick - 1974 - New York: Basic Books.
Leviathan.Thomas Hobbes - 1904 - Harmondsworth,: Penguin Books. Edited by C. B. Macpherson.
Political Liberalism.J. Rawls - 1995 - Tijdschrift Voor Filosofie 57 (3):596-598.
Anarchy, State, and Utopia.Robert Nozick - 1974 - Philosophy 52 (199):102-105.

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