MGSC14H3 Lecture Notes - Lecture 5: Minority Rights, Fiduciary, Miscarriage

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19 Jun 2016
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German philosopher immanuel kant said that people are ethical when they don"t use other people opportunistically, and when they don"t act in a hypocritical manner demanding high level of conduct for everyone else, while making exceptions for themselves. Consequentialism: requires an ethical decision have good consequences. Deontology: an ethical act depends upon the duty, rights, and justice involved. Virtue ethics: considers an act ethical if it demonstrates the virtues expected by stakeholders of the participants. Major ethical theories useful in resolving ethical dilemmas. However, the consequences of an ethical decision are not themselves ethical. The consequence is simply what happens: the ethicality of the decision maker and the decisions are determined on the basis of the non-ethical comparative value of the action or consequence. In other words judgments about right and wrong, or ethical correctness are based solely on whether or not good or bad happens: teology has its clearest articulation in utilitarianism.

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