Free Silver Movement, in late 19th-century American history, advocacy of unlimited coinage of silver. The movement was precipitated by an act of Congress in 1873 that omitted the silver dollar from the list of authorized coins (the “Crime of ’73”). Supporters of free silver included owners of silver mines in the West, farmers who believed that an expanded currency would increase the price of their crops, and debtors who hoped it would enable them to pay their debts more easily. For true believers, silver became the symbol of economic justice for the mass of the American people.
The first principle of nozick’s entitlement theory concerns the original acquisition of holdings.
<h3>What is Nozick’s entitlement theory?</h3>
Nozick’s entitlement theory of justice states that the distribution of holdings in a society is just if (and only if) everyone in that society is entitled to what he owns.
According to Nozick, morality of ownership is measured if a person only acquires holdings that he is entitled to.
<h3>Key Principles of Nozick's Entitlement Theory</h3>
- The principle of justice in acquisition
- The principle of justice in transfer
- The principle of rectification.
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