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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]
Population ethics; Effective altruism; Philosophy portal: This is an incomplete list of advocates of utilitarianism and/or consequentialism
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper. [citation needed]
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.
Rule utilitarianism is a form of utilitarianism that says an action is right as it conforms to a rule that leads to the greatest good, or that "the rightness or wrongness of a particular action is a function of the correctness of the rule of which it is an instance". [1]
The Stanford Encyclopedia of Philosophy indicates that The Methods of Ethics "in many ways marked the culmination of the classical utilitarian tradition." Noted moral and political philosopher John Rawls , writing in the Forward to the Hackett reprint of the 7th edition, [ 2 ] says Methods of Ethics "is the clearest and most accessible ...
Applied ethics covers issues belonging to both the private sphere, like right conduct in the family and close relationships, and the public sphere, like moral problems posed by new technologies and duties toward future generations. [139] Major branches include bioethics, business ethics, and professional ethics. There are many other branches ...
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.