It has been seen that justice is an important moral concept on an individual level. On a societal level it is an equally important moral concept used in evaluating actions of societys institutions, essentially around issues of the most just distribution of goods such as wealth, income, status, power and control as these are reflected in social, legal, political and economic practises and institutions (Boatright 2012).

Considering the above statement discuss the Theory of Justice with regards to the following:

• Capitalism
• Libertarianism
• Socialism
• Egalitarianism