summary‚ is utilitarianism as presented by Mill (sometimes called classical utilitarianism). It is the ethical philosophy that bases right and wrong on the production of happiness. It is also an ethical philosophy that stresses the greatest happiness of the greatest number as seen from an impartial bystander’s perspective. Before we discuss how Mozi’s philosophy can be applied to utilitarian morality‚ a distinction within utilitarianism must be made. Act Utilitarianism vs. Rule Utilitarianism Generally
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that there are two types of utilitarianism in instances concerning overall justice. Julia Driver mentions this in her book Ethics: The Fundamentals. Driver posits that there is a difference between act-utilitarianism and rule-utilitarianism (Driver 64). Act-utilitarianism deals more with what classical utilitarianism believes. It follows the belief that one should choose the action that has the best outcome for the most amount of people‚ even if it means
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actions are considered in the rules of thumb. Utilitarianism is a species of consequentialism‚ which focuses on the greater good. Utilitarianism states that an act is right if and only if it produces more happiness and pleasure than unhappiness and pain. When we do utilitarianism‚ we aim to maximize overall happiness and minimize pain. In this essay‚ I will explain and defend the moral theory of utilitarianism. According to the theory of utilitarianism‚ an action is right if it brings the best possible
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Mara Kaouzova Professor Anthamatten Philosophical Ethics April 3 2013 Utilitarianism: ------------------------------------------------- The Greatest Happiness for the Greatest Number In the ethical debate‚ a divide has long existed between two models. One school of thought‚ notably Immanuel Kant’s Deontology‚ emphasizes the importance moral motivation‚ the other‚ represented by Consequentialism‚ emphasizes the importance of the outcome. Consequentialism is distinguished from the deontological
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Simply put‚ Utilitarianism states that one should act on what would bring the greatest happiness or benefit to the greatest amount of people. Therefore‚ a utilitarian would agree to push two heaviest passengers overboard to save the six. While it violates our morals to kill two people‚ a utilitarian would explain their choice with the integrity objection. In the situation of the lifeboat‚ one is faced with a situation that does not present a perfect outcome. However‚ a utilitarian would say that
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of ethical issues raised in the movie “Enron-the Smartest Guys in the Room” but the four I am going to focus on are listed below. Art Anderson‚ Ken Lay and all of the other executives did a number of unethical things which ultimately brought down Enron and affected thousands of employees and their futures. The bottom line was that each and every one of them acted out of greed for the almighty dollar. 1- Encouraging employees to invest and buy stock in Enron when they knew the truth about the lack
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Utilitarianism is a moral theory which centers on happiness and how we can promote it‚ and is measured by our actions. Utilitarianism explains how human’s ultimate goal is to achieve happiness. This is also called hedonism‚ limiting the amount of pain and equating happiness with pleasure. This theory explains how we aim for happiness through our actions. According to hedonism‚ when a person wishes to act ethically‚ they should strive to produce the greatest possible amount of happiness for the greatest
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Papazian Accounting for Enron Introduction In the case of Accounting for Enron‚ the case concerned one of the largest corporate bankruptcies in the US history at the turn of the 21st century. It was Enron Corporation‚ a one time seventh largest most successful US company‚ sixth largest energy company in the world‚ valued at over $70 Billion; they filed for chapter 11 on December 2‚ 2001. Just the year before‚ Enron posted a 57% increase in sales between 1996 and 2000. And Enron shares hit a 52-week
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ENRON AND THE FREE MARKET SYSTEM 1. ABSTRACT The Enron scandal was a financial scandal that was revealed in late 2001. After a series of revelations involving irregular accounting procedures bordering on fraud‚ perpetrated throughout the 1990s‚ involving Enron and its accounting firm Arthur Andersen‚ it stood at the verge of undergoing the largest bankruptcy in history by mid-November 2001. Enron filed for Bankruptcy on December 2‚ 2001. 2. FREE MARKET SYSTEM A free market describes a theoretical
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The Failed Corporate Culture of Enron High risk accounting‚ inappropriate conflicts of interest‚ extensive undisclosed off-the-books activity‚ excessive compensation these are some of the headings of the report prepared by the U.S. Senate’s Permanent Subcommittee on Investigations titled "The Role of the Board of Directors in Enron’s Collapse." (Permanent Subcommittee on Investigations‚ 2002) In February‚ 2002‚ Enron’s former Chief Executive Officer Jeffery Skilling had testified before members
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