A Critical Evaluation of the Book Economic and Social Justice

The Purpose of this paper is to critically evaluate the claim made in the book that “it is only the competitive market that leads to the achievement of efficiency and social justice”, We try on the basis of individualistic principle theories to show that the recent scientific progress made in the subject refute such allegation. In addition a scrutiny of views expressed regarding “Justice as Fairness” and especially the capability approach which has been referred to in the book would clearly show that neither market competition nor its process would bring about Justice. We shall also explain based on capability approach that market competition accounting for all the provisions and corrections for equalization of initial position of individuals would not lead to social justice and we have proved later how the limited empirical reference and evidence cited in the book are flaws and baseless.