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Case Study 2

Case study 2

Q Question Read the case at the following link: http://www.wfu.edu/~palmitar/Law&Valuation/Papers/1999/Leggett-pinto.html Analyze the case in light of the questions of justice and fairness discussed this week, as well as the general normative ethical theories we have been examining. Be sure to elaborate on what, if any, religious dimensions you see in this case.

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While examining the case, there is a key question continuously arises about how justice is served under capitalism? Self-Interest has been buried inside people instincts so much that they forget that it should not be misunderstood as greed. Economists like Smith, Rasskh and Friedman have surely identified it to be regarded as ones medium of well-being but it should not be attained at the cost of making the society bleed as what happened in this particular case of Ford-Pinto.