This video by Nicole Gelinas, a senior fellow at the Manhattan Institute does a pretty good job of answering the question of the government bailing out banks. However, it only lays the groundwork for differentiating between how the three theories of justice would answer the question. As the video points out, the government had a history of being around to help when big banks needed it. According to the utilitarian theory of justice, “Utilitarians favor whichever economic system will bring the most good for society as a whole’ (Shaw 88). Obviously an economic system where the government protects the banks seems pretty foolproof. On the other hand, the government didn’t step in when Lehman Brothers needed them the most. The Libertarian approach would suggest that this was appropriate: “we refrain from interfering with others. Beyond this, we are not obliged to do anything positive for anyone else, nor is anyone required to do anything positive for us’ (Shaw 91). Lastly, there is Rawl’s theory of justice. The video points out that President Bush was the one to sign a bill affecting the bailout into law. The president thought it was right for the government to bail out the banks. Even in an opposing political stance, he was able “to be objective and impartial’ which “makes agreement possible’ (Shaw 99). All three theories of justice have differing viewpoints regarding the question of the government bailing out the banks. The fact of the matter is, the government has helped bail out banks, and banks are still in business. Whether it is right for the government to give a huge bailout depends on which of the theories of justice explained above you subscribe to. The good news is that regardless of whether the situation was right or wrong it could have gotten much worse, but didn’t.