Commutative Justice and the National Debt

Commutative Justice and the National Debt
Both young and old citizens living today have a responsibility to take
care of the future generations that are yet to be born. This calls for
the preservation of the existing resources for the benefit of future
generations. As much as the current generation engages in issues that
can be termed as development oriented, there is a need to conserve the
environment and other crucial resources for generations to come. This
means that the current generation should engage in sustainable
development. For instance, minerals and other crucial resources such as
forests and water bodies ought to be preserved. Besides, the current
generation should minimize the amount of national debt by striving to
repay the debt in order to ensure that future generations do not suffer
from the deeds of the current generation (Still, 2011).
There should be a social contract between the citizens of today and the
future generations. Such a contract should be based on the basis of
benefit for all. The current generation should create a favourable
platform that will ensure prosperity in the future. Based on the terms
of this contract with regard to the national debt, the current
generation should not burden the future generation with huge national
debts. The perspective of the current generation will most likely differ
from the perspective of the future generation. For instance, the current
generation will opt for high national debt in order to minimize the cost
of living during the current times. In order to fulfil obligations under
this contract, several measures ought to be taken into consideration.
One of the most notable things that should be done is payment of taxes.
The current generation should not burden the government through taxes
since this is likely to cause more harm than good to the unborn citizens
(Baker, 2012).
References
Baker, D. (2012). Debt, deficits, and demographics: Why we can afford
the social contract. Retrieved From: HYPERLINK
“http://nsc.newamerica.net/sites/newamerica.net/files/policydocs/Baker_D
ean_DebtDeficitsDemographics_November2012.pdf”
http://nsc.newamerica.net/sites/newamerica.net/files/policydocs/Baker_De
an_DebtDeficitsDemographics_November2012.pdf
Still, W. T. (2011). No more national debt. St. Petersburg, FL:
Reinhardt and Still.
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