Consequentialism: Morally Right Or Wrong?

The Consequential Theory or also known as, Consequentialism, in determining whether an act is considered as morally right or not, we rely solely on the consequence of the action itself. If the outcome of the action is positive, then the action is morally right. Based on consequentialism, we should opt for the action with the best overall consequences and we should always try to promote the best consequences.

There are numerous types of consequentialism, however, we will focus mainly on egoistic consequentialism and utilitarianism. Egoistic consequentialism is where one only takes into consideration how the consequence of an act will affect oneself or a given group. On the other hand, utilitarianism only concerns itself with the state of affairs. For the utilitarian, if an act has value as right or wrong, then it can only be derivatively, because of the good or bad states of affairs that it produces.
The principle of utility is the morally right action that produces the best overall consequences with regards to the utility of welfare of all the affected parties. As Jeremy Bentham once wrote, the right at or policy is the one that causes the greatest happiness of the greatest number.
Another belief of consequentialism is egoism. your reason is the view that morality coincides with the self-interest of an individual or an organisation. they are determined that the moral value if an action is based on the principle of personal advantage. For example, an action is considered morally right if it promotes one's long-term interest. if it undermines it an action is considered morally wrong.
When renting a business making decisions to increase its profits can be viewed as egoistic however pursuing one's own economic advantage can also increase the well-being of society as a