Maximin principle definitions

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maximin principle

maximin principle logo #21003(from the article `ethics`) ...second, by requiring that any redistribution of wealth and other social goods is justified only if it improves the position of those who are ...
Found on http://www.britannica.com/eb/a-z/m/53

maximin principle

maximin principle logo #21011A justice criterion proposed by the philosopher Rawls. A principle about the just design of social systems -- e.g., rights and duties. According to this principle the system should be designed to maximize the position of those who will be worst off in it. 'The basic structure is just throughout when the advantages of the more fortunate promote...
Found on http://www.econterms.com/glossary.cgi?query=maximin+principle
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