Income inequality is not a problem if it results from voluntary transactions in the marketplace, according to Nozick's entitlement theory.

Question

Quizplus · Accepted Answer

Nozick's entitlement theory holds that individuals have a right to the fruits of their labor and any property they acquire through voluntary transactions, as long as they do not violate the rights of others. Therefore, if income inequality results from voluntary transactions in the marketplace, it is not considered a problem under this theory.

Income Inequality Is Not a Problem If It Results from Voluntary