J. D. Sethi, an economic planner and writer from New Delhi, India, points out that capitalist economics fails to take into consideration the basic human rights of all people. There are a “large number...


J. D. Sethi, an economic planner and writer from New Delhi, India, points out that capitalist economics fails to take into consideration the basic human rights of all people. There are a “large number of Third World Nations” where the “people have been brutally exploited and denied minimum basic economic subsistence.” As part of the solution to this problem, he suggests that all people be “guaranteed certain basic economic needs,” including education, primary health care, nutrition, family planning, and road and housing development,” as well as jobs for “all people who are seeking jobs.” Discuss Sethi’s claim that all people have basic rights that are independent of having to earn these rights.27 Do people have rights to receive certain societal goods in addition to their rights to pursue their self-interest? How might Rand respond to Sethi?



May 19, 2022
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