Saturday, March 23, 2019

Utilitarianism, Economics and Ethics Essay -- Flaws in Utilitarianism

Imagine a child living in a hot, government owned apartment in Chicago. He has no father. With his single, jobless mother he struggles to the speech of the founding fathers We hold these truths to be self-evident, that all men argon created twin that they argon endowed by their Creator with inherent and inalienable Rights that among these, ar Life, Liberty, and the pursuit of Happiness... (The Declaration of Independence). This is one of the most famous phrases in the US Declaration of Independence and has become the underpinning of the dreams of millions of people around the world. Although the words are different, these sentiments are reflected in the political and economical policies of many democracies. While the tactual sensation of happiness for all seems like the obvious solution to many of our grim problems, we inevitably encounter conflicts between our actions and our morals. The commonwealth is based onthe contradiction between public and private life, between unive rsal and particular interests. For this reason, the state must confine itself to formal, negative activities.(Marx, 1992). This essay focuses on the issues of a conspicuous theory, Utilitarianism as it blends and encompasses both areas of Economics and ethics which have become the nates of our governmental bodies. In Utilitarianism the aim of our actions is to achieve happiness for the greatest way out of people. Actions are right in proportion as they tend to press happiness, wrong as they tend to produce the reverse of happiness. (Mill, 1971). Utilitarianism directly appeals to human race emotions and our reactions to different events. Emotions are a fundamental Way of Knowing and mold both ethical and economical theories. In most cultures there are fundame... ...eories to stay stagnant and restrictive at the same time as our economies, ethical systems and societies are changing so dramatically right in front of us? Works CitedBrannigan, Jack. The Purpose of Life & the Gen eral system of Ethics. Nebraska, USA iUniverse, 2005.The Declaration of Independence A Transcription. Web. 14 June 2015.http//, Author Joe. Ethics and Religion. Oxford, UK Heinemann Educational Publishers, 2003. Lagemaat, Richard van de. Theory of Knowledge for the IB Diploma. Cambridge, UK Cambridge University Press, 2005. Marx, Karl. Early Writings. London, UK Penguin Classics, 1992. Rothbard, Murray N. Ethics of Liberty. red-hot York, USA New York University Press, 1998.Sen, Amartya. On Ethics and Economics. Oxford, UK Blackwell Publishing, 1988.

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