Philosophy 2074F/G Lecture Notes - Fair Deal, Externality, Amartya Sen

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Psychological egoism: the thesis that everone is always motivated to act in his or her perceiced self interest. We are psychologically concentreted in a way- self-centrelized, self-directed. Everything you do is motivated by the self. Ethical egoism: the thesis that one ought to pursue acts which promote one"s self- interest or well being. Argue that you outght not to be altruism, you only do so if there is something for you(may be pleasure) Argues that all it matters is the self, not the others. Ought: normative , prescriptive of how people are, how people want to be. (it could be not that case ) But if you are a moral being, you are actually opposed to egoism, who would not to serve for their own good while hurting other people. Egoism is somehow found in adam smith"s idea. Self interest in adam smith"s weath of nations.

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