This article addresses how low-income urban adolescents view the fairness of different aspects of American society, including how wealth is distributed, the nature of legal constraints, and overall social opportunities and legitimacy. This research emerged from efforts to understand the moral and emotional nature of some adolescents' aggressive tendencies. Recently it has become clearer that aggression can serve many purposes and that, for some adolescents, aggression is a coherent though problematic response to larger familial, neighborhood, and institutional forces. Consequently, the authors focus on the connections between low-income adolescents' perceptions of institutional and interpersonal fairness, certain aggressive tendencies, and related emotion judgments. At the same time, relatively little is known about how low-income adolescents as a group perceive the fairness of wealth distribution and other broad aspects of American society. Consequently, a second important goal is to examine these adolescents' normative beliefs about institutional fairness at a time of growing financial and educational inequalities in the United States. (Contains 1 figure and 29 notes.)