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CandleFocus Glossary Editor
Economic justice is the belief that everyone should have equal opportunity and access to the same resources, regardless of their race, class, gender, or other factors that might put them at a disadvantage in our capitalist society. It’s essential for building a fair and just economy.
The concept of economic justice is deeply embedded in our country, dating back to the American Revolution and the pursuit of life, liberty and the pursuit of happiness. It was this pursuit of economic justice that fueled mass immigration waves to the United States, as well as the civil rights movement. Today, economic justice is still seen as a fundamental value in the U.S., and the pursuit of equality in the economy is a major priority for many organizations.
Economic justice involves recognizing that people have a right to a certain minimum standard of living, and should never have to go without the basics in order to pay rent or put food on the table. It means ensuring people have access to employment opportunities and jobs that pay a livable wage, no matter their race or gender. It also involves closing the pay gap between people of different races and genders.
The idea behind economic justice also involves making sure everyone has a chance to get ahead. To accomplish this, the government should help ensure people have access to higher education, provide better access to financing and credit and make sure they are protected from predatory lending.
Additionally, economic justice involves the protection of workers’ rights. This means stopping practices like forced labor, child labor, and the exploitation of workers. It also includes ensuring workers have safe and reasonable working conditions, reasonable hours and pay, and the right to organize.
Ultimately, economic justice seeks to create a level economic playing field so all can reach their fullest potential and financial success is not only reserved for the wealthy. To make this a reality, governments, businesses and individuals should all do their part to promote and prioritize economic justice for all.
The concept of economic justice is deeply embedded in our country, dating back to the American Revolution and the pursuit of life, liberty and the pursuit of happiness. It was this pursuit of economic justice that fueled mass immigration waves to the United States, as well as the civil rights movement. Today, economic justice is still seen as a fundamental value in the U.S., and the pursuit of equality in the economy is a major priority for many organizations.
Economic justice involves recognizing that people have a right to a certain minimum standard of living, and should never have to go without the basics in order to pay rent or put food on the table. It means ensuring people have access to employment opportunities and jobs that pay a livable wage, no matter their race or gender. It also involves closing the pay gap between people of different races and genders.
The idea behind economic justice also involves making sure everyone has a chance to get ahead. To accomplish this, the government should help ensure people have access to higher education, provide better access to financing and credit and make sure they are protected from predatory lending.
Additionally, economic justice involves the protection of workers’ rights. This means stopping practices like forced labor, child labor, and the exploitation of workers. It also includes ensuring workers have safe and reasonable working conditions, reasonable hours and pay, and the right to organize.
Ultimately, economic justice seeks to create a level economic playing field so all can reach their fullest potential and financial success is not only reserved for the wealthy. To make this a reality, governments, businesses and individuals should all do their part to promote and prioritize economic justice for all.