Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Understand and explain the key elements of Utilitarianism Meaning and overall ap

ID: 3459166 • Letter: U

Question

Understand and explain the key elements of Utilitarianism

Meaning and overall approach

Main criticisms

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Understand and explain the key elements of Nozick’s theory

Entitlement theory and how it works

Original acquisition

Acquisition by transfer

Criticisms

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Understand and explain the key elements of Rawls’ theory of Justice

Original position negotiating behind a ‘veil of ignorance’ leading to conservative decision making

Two principles of his approach

Liberty

The ‘difference principle’ (maximin)

Criticisms

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Apply these theories in a business setting

Explanation / Answer

The two key elements of Utilitarianism are Happiness and consequentialism.Utilitarian Happiness is the biggest happiness which every human being looks for.In utilitarianism philosophy everything useful to happiness is good.

In Utilitarianism Philosophy, consequentialism is in the fact that an action must be judged for the consequences on the happiness of largest number.

Major Criticism:

1. The Major disadvantage of Utilitarianism concept is that it fails to compare, quantify, measure happiness or well being.

2. According to critiques Utility concept ignores justice.

3. Some argue that it is impossible to do the calculation that utilitarianism requires because consequences are inherently unknowable.

2. NOZIC’S THEORY

Entitlement theory propounded by Nozic is a theory of distributive justice and private property. This theory is an attempt to describe “Justice in holdings”

Nozic’s entitlement theory is based on three fundamental principles. These are: