BUS 223 Lecture Notes - Lecture 4: Municipalities Of Spain, Happy Human, Invisible Hand
Document Summary
Three ways of thinking about ethics: utilitarianism, principle-based/rights-based, virtues/character. > if the outcome you are seeking is to make majority of the people happy, it does not justify making one person very unhappy. One key reason to know about utilitarianism : a key argument in favour of markets is rooted in utilitarian reasoning, markets & utility". E. g. my right to life means that you cannot kill me: most important rights are: Ones that project what is most central to a good life. All human beings are born free and equal in dignity and rights. They are endowed with reason and conscience and should act toward one another in a spirit of brotherhood. One on hand, we want to protect her feelings : on the other hand, she has the right to know the truth, this person is hurt and needs my help; i made a promise to meet someone for lunch.