If Mr Oppenheimer were to liquidate his assets and put this money into a fixed deposit bank
Question:
If Mr Oppenheimer were to liquidate his assets and put this money into a fixed deposit bank account at 8% interest, he would earn over ZAR 7 billion per year. This is more than 10 times what Whitey Basson took home in 2010. But more importantly in terms of this assignment it isabout 1.6 million times the approximately ZAR 4,500 per year or lessthat a person on the food poverty line would earn.
Write an answer to the question posed above:"Is this ok?".
Your answermustcontain the following sections:
1. An analysis of the inequalitiesdescribed using John Rawls' principlesin their correct order(all three principles must be considered);
- Greatest Equal Liberty
- Equality of Fair Opportunity
- The Difference Principle
2. An analysis of the inequality described using John Rawls' veil of ignorance;
3. Your opinion on the inequality described; and.
4. Your explanation of why you hold this opinion.
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling