Ethics
Ethics
–JEREMY BENTHAM
UTILITARIANISM
-Moral theory that focuses on the results or consequences of our
actions and treats intentions as irrelevant.
JUSTICE
Rawls presents the concept of an original position as a hypothetical idea of how to
establish "a fair procedure so that any principles agreed on will be just."In his
envisioning of the original position, it is created from a judgement made through
negotiations between a group of people who will decide on what a just distribution of
primary goods is (according to Rawls, the primary goods include freedoms,
opportunities, and control over resources).
3. Viel of Ignorance
This nullification of temptations is realised through a veil of ignorance, which these
people will be behind. The veil prevents the people from knowing what particular
preferences they will have by concealing their talents, objectives, and, most
importantly, where in society they themselves will end up. The veil, on the other hand,
does not conceal general information about the society, and the people are assumed
to possess societal and economic knowledge beyond the personal level
The first principle, the liberty principle, is the equal access
to basic rights and liberties for all. With this, each person
BASIC PRINCIPLES should be able to access the most extensive set of liberties
that is compatible with similar schemes of access by other
OF A citizens. Thereby, it is not only a question of positive
individual access but also of negative restrictions so as to
JUST DISTRIBUTION respect others’ basic rights and liberties.
EGALITARIANISM is the belief that everyone should have an equal say in the
political process regardless of their status or class.
Distributive egalitarianism
is concerned about the economic distribution of wealth,
whereby resources are allocated in a manner that ensures
that everyone has the same opportunities to achieve
economic success.
Shortcomings
1. Those with greater needs( handicapped ) would get less fulfilment than others.
2. The lazy and idle people would be rewarded while the skillful and hardworking
would be discouraged.
Example of Egalitarian
1. A company that provides equal salary and promotion opportunities to all employees
regardless of gender, race, or sexual orientation.
2. 2. A group of friends who divide household chores and responsibilities equally,
regardless of gender.
CAPITALISM
“Capitalism” is derived from capital, which evolve from “capitale”, a late Latin word meaning based on “caput”
meaning “head”.
Capitalism is an economic system characterized by private ownership of the mean of production, especially in
the industrial sector with labor paid only wages.
Capitalism is often thought of as an economic system in which private actors own and control property in accord
with their interests, and demand and supply freely set prices in markets in a way that can serve the best
interests of society. The essential feature of capitalism is the motive to make a profit.
SOCIALISM
Socialism a ruling class of intellectuals, bureaucrats and social planners decide what people want or what is good
for society and then use the coercive power of the State to regulate, tax, and redistribute the wealth of those who
work for a living. In other words, socialism is a form of legalized theft.
The morality of socialism can be summed-up in two words: envy and self-sacrifice.
• Envy is the desire to not only possess another’s wealth but also the desire to see another’s wealth lowered to the
level of one’s own.
• Socialism’s teaching on self-sacrifice was nicely summarized by two of its greatest defenders, Hermann Goering
and Bennito Mussolini.
The highest principle of Nazism (National Socialism), said Goering, is: “Common good comes before private good.”
Fascism, said Mussolini, is ” a life in which the individual, through the sacrifice of his own private interests…realizes
that completely spiritual existence in which his value as a man lies.”
Socialism is the social system which institutionalizes envy and self-sacrifice: It is the social system which uses
compulsion and the organized violence of the State to expropriate wealth from the producer class for its
redistribution to the parasitical class