Merriam-Webster collegiate dictionary defines egoism as "a doctrine that individual self-interest is the actual motive of all conscious action." Social responsibility entails one ’s actions benefiting one ’s society more than oneself. A cost benefit analysis sided towards the many rather than towards the individual. In the two books The Elements of Moral Society and Ethical Issues in Engineering by James Rachels and Deborah Johnson respectively‚ the subject of egoism and social responsibility come up.
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Explain the difference between psychological and ethical egoism‚ and why Rachels rejects both of these theories. Do you think his arguments are convincing? Why‚ or why not? Psychological egoism: all men are selfish in everything that they do; the only motive from which anyone ever acts is self interest Even if what they do is benefiting others‚ they are to believe that whatever they are doing is actually to their own benefit Ethical egoism: a normative view about how men ought to act. Regardless
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This detailed literature is about the ethical egoism‚ altruism and social contract which is summarizing the point of view on the moral psychology concerning the inherent selfishness and the upright personality of humans or selfless. Effectively‚ the psychological egoism is defined as a descriptive version of egoism where people are selfish and motivated by self-interest. Unlike psychological egoism‚ ethical egoism is a normative version of egoism which advocates the moral correctness that is good
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According to the text‚ Ethics: Discovering Right and Wrong‚ in addition to the four arguments supporting ethical egoism‚ there are five arguments against it. I will present these in the same manner as the others. The first argument against ethical egoism comes from Brian Medlin and it is “The Inconsistent Outcomes Argument”. This argument claims the theory of ethical egoism cannot be true because it fails to meet a necessary condition of morality—namely‚ being a guide to action. The second argument
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Ariq Zaman MME 101 11/10/10 Ethical Theories The word ethics comes from the Greek word ethos‚ which means morals. Ethical theories are the basics of ethical analysis because they are the perspective from which guidance can be attained along the pathway to a decision. Each theory highlights different points such as forecasting the outcomes and following one ’s responsibilities to others in order to attain an ethically correct decision. “The moral rightness of an action‚ unlike the cultural
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religion and can mean doing the right or wrong thing. An example to help you understand the difference would be: Abortion is legal and therefore medically ethical‚ while many people find it personally immoral. Ethics can be relatively simple to follow‚ while applying morals can be decidedly tougher. There can be a moral dilemma‚ but not an ethical one. While good morals represent correct and upright conduct‚ ethics act more as guidelines. Ethics are applicable or adhered to by a group or community
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contrast to the belief that we should ‘look out for number one’. This ‘bumper sticker’ promotes selfishness‚ the opposite of the desirable virtue that is altruism. This is known as egoism. Ultimately‚ this means that we should act in our best interests‚ only perform acts that benefit or will benefit ourselves. 2. “Ethical egoism is different to what we might call egotism”‚ the idea that we should act in ways that benefit us immediately. In Ayn Rand’s view‚ egotism is natural‚ what all people should live
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SELF-INTEREST‚ ALTRUISM‚ INCENTIVES‚ & AGENCY THEORY Michael C. Jensen Harvard Business School MJensen@hbs.edu Abstract Many scholars‚ business people‚ policy makers‚ and religious leaders are suspicious of self-interest and incentives and often oppose the use of incentives to motivate managers‚ employees‚ public servants‚ or the public itself. I address here some of these issues regarding human nature and organizations raised by Michael Brennan (1994) in “Incentives‚ Rationality‚ and Society
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set of moral principles or value" or "a theory or system of moral values." Ethics assists individuals in deciding when an act is moral or immoral‚ right or wrong. Ethics can be grounded in natural law‚ religious tenets‚ parental and family influence‚ educational experiences‚ life experiences‚ and cultural and societal expectations. Ethics in business‚ or business ethics as it is often called‚ is the application of the discipline‚ principles‚ and theories of ethics to the organizational context.
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Ethical Egoism states that each person should act in accordance to those actions which would produce the best results for the given individual (self-interest). This is how actions are judged to be morally right or morally wrong‚ based on the consequences alone. Therefore‚ not only does Utilitarianism work as an answer for this question (which was the one I chose)‚ but Ethical Egoism also fits. This means the correct answer is “all of the above”
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