Distinguish between the Rawlsian, socialist and pure communist views of how income should be distributed.

Views of the income distribution.

Rawlsian view: Rawl advocates for perceived justice and equality in income distribution, paying particular attention to maximizing the poor and least well-off people in the society.

Socialism view: According to socialism, wealth and income are distributed equally amongst all individuals.

Communism view: Income and wealth are distributed according to the peoples' need by the government.

Explanation

Following Rawlsian theory, wealth and income should be distributed in the manner that everyone benefits. He argues that it is not necessarily true to distribute income and wealth equality in a fair and just economy. Thus there must be inequalities which makes some individuals richer while others are falling apart.

However, the unequal distribution can be fair and just, if it results in everyone's overall welfare and benefits all individuals. Therefore, he proposes a maximin I welfare function and argues that just income and wealth distribution should take place in a manner that would maximize individuals who are least better-off in society.

Socialism view.

Under this view, the public or state owns all means of production, including money and other capital forms. Hence, there is a centrally planned system and shared ownership of all means viewed as welfare-maximizing and equal income and wealth distributed among all individuals in society. Since they believe that everyone worked for the wealth and income

Communism

Communism is an economic and political system centrally planned by a group of individuals, typically a government does all the decision making and owns productive resources such as mines, farms and factories are. These resources, including income, are equally distributed among individuals, mainly based on people's needs.