PHI 2397 Chapter Notes -Emotivism, The Communist Manifesto, Industrial Revolution

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Aristotle coined this term in the 3rd bc. Ethics can mean a lot of different things depending on what theory we are discussing. Is the right thing to do based on what will happen (consequentialism) or i do the right thing because i have to and it is my duty (deontological) --emmanual kant"s theory. Business is very consequentialistic based on what the consequences are. Virtue ethics: based on what is the right person to be. Ethics does not deal with facts, it deals with values: facts do not necessarily create values, business begins when life is good and there has to be trust. If someone else is cooking, hunting food etc, then you have time for business. Jet li, should he do what he believes in or what is good for "all under heaven". Came up with a different name for it - utilitarianism. Quality is more important that quantity of pleasure. There is no abstract concept of happiness.

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