BUS 223 Chapter Notes - Chapter 3: Political Philosophy, Virtue Ethics, Moral Rights
Document Summary
Relativism denies that there can be any rationally justified or objective ethical judgments. In business context, a temptation is to answer in terms of financial consequences: the right decision is one that produces the best financial returns . These children would be denied opportunities for education; they would be in worse poverty; and the would have less money for food and family support. Economics, anthropology, political science, sociology, public policy, psychology, and medical and health sciences are some of the fields that could help determine the likely consequences of such practices in a particular culture. In general, the utilitarian position is that happiness is the ultimate good, the only thing that is and can be valued for its own sake. Happiness is the best and most reasonable interpretation of human well-being. The goal of ethics, both individually and as a matter of public policy, should be to maximize the overall happiness.
