In Bounds of Justice, Onora O’Neill argues for a theory of justice that is based on cosmopolitanism, where justice and human rights do not stop at the boundaries of states. She criticizes John Rawl’s theory of justice that “is designed for the basic structure of a society, conceived of as a more or less self-contained and self-sufficient community”(O’Neill 1582). O’Neill believes in a transnational form of justice that focuses on the ability of corporations and non-government organizations to help secure human rights. She believes that these institutions are the answer to Rawl’s lack of consideration for transnational accounts of justice, especially in the difference principle. I will argue that she is too idealistic when dealing with these types of
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The World Bank and IMF, in theory, is suppose to aid in economic development of impoverished countries in order to reduce poverty and reduce debt burdens. The conditions for countries to receive these loans often come with strings attached. The structural adjustment policies require countries to open up their lands to foreign corporations that take advantage of cheap labor and an open environment to benefit themselves(Easterly). The World Bank and IMF is expected to help the impoverished countries become more stable but end up causing more harm by creating dependence on corporations to help them recover from debt and potential harm to their environment. In the early 2000, the struggling country Argentina was put in a position where they needed to seek out a loan from the IMF, but at an extraordinary cost. The became trapped in a settlement that kept their country in recession with very low growth potential and incredible debt. In return, for the aid they had to cut social spending, public pensions, and public employment(Huffington
The World Bank and IMF, in theory, is suppose to aid in economic development of impoverished countries in order to reduce poverty and reduce debt burdens. The conditions for countries to receive these loans often come with strings attached. The structural adjustment policies require countries to open up their lands to foreign corporations that take advantage of cheap labor and an open environment to benefit themselves(Easterly). The World Bank and IMF is expected to help the impoverished countries become more stable but end up causing more harm by creating dependence on corporations to help them recover from debt and potential harm to their environment. In the early 2000, the struggling country Argentina was put in a position where they needed to seek out a loan from the IMF, but at an extraordinary cost. The became trapped in a settlement that kept their country in recession with very low growth potential and incredible debt. In return, for the aid they had to cut social spending, public pensions, and public employment(Huffington