Maximin in Philosophy
In philosophy, the term "maximin" is often used in the context of John Rawls's A Theory of Justice, where he refers to it (Rawls (1971, p. 152)) in the context of The Difference Principle. Rawls defined this principle as the rule which states that social and economic inequalities should be arranged so that "they are to be of the greatest benefit to the least-advantaged members of society". In other words, an unequal distribution can be just when it maximizes the mininum benefit to those who have the lowest allocation of welfare-conferring resources (which he refers to as "primary goods").
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“It is not easy to make our lives respectable by any course of activity. We must repeatedly withdraw into our shells of thought, like the tortoise, somewhat helplessly; yet there is more than philosophy in that.”
—Henry David Thoreau (1817–1862)