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An article in the American Economic Journal has addressed the issue of Utilitarian ethics within redistribution of wealth. The journal stated that taxation of the wealthy is the best way to make use of the disposable income they receive. This says that the money creates utility for the most people by funding government services. [150]
Utilitarian bioethics is based on the premise that the distribution of resources is a zero-sum game, and therefore medical decisions should logically be made on the basis of each person's total future productive value and happiness, their chance of survival from the present, and the resources required for treatment.
Preference utilitarianism (also known as preferentialism) is a form of utilitarianism in contemporary philosophy. [1] Unlike value monist forms of utilitarianism, preferentialism values actions that fulfill the most personal interests for the entire circle of people affected by said action.
The principle of equal consideration of interests is a moral principle that states that one should both include all affected interests when calculating the rightness of an action and weigh those interests equally. [1]
The felicific calculus is an algorithm formulated by utilitarian philosopher Jeremy Bentham (1748–1832) for calculating the degree or amount of pleasure that a specific action is likely to induce. Bentham, an ethical hedonist , believed the moral rightness or wrongness of an action to be a function of the amount of pleasure or pain that it ...
The Utilitarian philosopher John Stuart Mill criticizes Kant for not realizing that moral laws are justified by a moral intuition based on utilitarian principles (that the greatest good for the greatest number ought to be sought). Mill argued that Kant's ethics could not explain why certain actions are wrong without appealing to utilitarianism ...
Act utilitarianism is a utilitarian theory of ethics that states that a person's act is morally right if and only if it produces the best possible results in that specific situation. Classical utilitarians, including Jeremy Bentham , John Stuart Mill , and Henry Sidgwick , define happiness as pleasure and the absence of pain.
In The Principles of Morals and Legislation, Bentham seeks to determine what a system of laws would look like if it was constructed on a purely utilitarian basis. To that end, Bentham offers painstaking analyses of the various kinds of pleasures and pains, the sources of pleasures and pains, how pleasures and pains should be measured, the ...