Navigating Freedom Equality and Justice in Economic Objectives

Mark discusses the economic objectives of society, focusing on the virtues of freedom, equality, and justice. He argues that while freedom and equality have limitations, justice is the ultimate good that society should strive for. The video explores how these values influence economic policies and societal goals.

What are the three virtues that society acts on according to the video?

• Peace, Love, Unity

• Liberty, Fraternity, Equality

• Freedom, Equality, Justice

• Truth, Goodness, Beauty

Which of the following is a limitation of freedom mentioned in the video?

• Freedom allows for complete anarchy

• Freedom is an unlimited good

• Freedom has no impact on society

• Freedom is not the ultimate good

Which virtue is described as having limits in the video?

• Beauty

• Freedom

• Equality

• Justice

Why is equality considered challenging to achieve in an economic sense?

• Because it is the ultimate goal

• Because everyone is dealt the same deck of cards

• Because it leads to a lack of ownership and motivation

• Because it is universally accepted

What does the video imply about the Soviet Union's approach to equality?

• It was a successful model

• It was based on freedom

• It led to a lack of ownership and motivation

• It promoted individual self-actualization

What is the ultimate good according to the video?

• Freedom

• Equality

• Justice

• Wealth

How does justice balance freedom and equality?

• By eliminating both

• By being the ultimate good that society strives for

• By promoting inequality

• By ignoring individual actions

What does the video suggest about having too much justice?

• Justice is not important

• You can never have too much justice

• Justice should be limited

• It is possible to have too much justice

What is the main focus of the conclusion in the video?

• Specific policies of price control

• The importance of wealth accumulation

• The need for more freedom

• The conceptual framework of freedom, equality, and justice

What is the relationship between individual actions and society according to the video?

• Individual actions have no impact on society

• Individual actions are only important for personal gain

• Individual actions are independent of society

• Individual actions reference other individuals and society as a whole