ETHC 3P82 Lecture Notes - Lecture 2: Crash Test, Fuel Tank, Pinto Horse
Document Summary
Lec - class 2 - notes - ethical frameworks. Egoism - businesses cannot operate this way. Utilitarianism - not the ends justifies the means" just the ends". The murderous heir - uncle miserable with life, you could murder him w/o feeling bad in order to inherit his company + wealth. Subsistence wages - agriculture workers - whether it is acceptable in utilitarianism - Ford faced gap competition in terms of compact, fuel-efficient cars) Rush project -> styling / design influenced engineering design to greater degree. They manufactured the pinto w/o fixing any issues. Their value on human life was less than ,000 benefits. They estimated that there would be 180 deaths, 180 serious injuries + 2100 burned vehicles (savings) k per death, l per injury + per vehicle (unit cost) Total benefits: 180 x 200k + 180x 67000 + 2100 x 700 = Sales: 11 million cars + 1. 5 trucks.