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utilitarianism  

Definition

  • Utilitarianism represents an old and distinguished tradition in moral philosophy, the influence of which extends to law, economics, public policy, and other realms and is evident in much of our everyday moral thinking. Two fundamental ideas underlie utilitarianism: first, that the results of our actions are the key to their moral evaluation and, second, that one should assess and compare those results in terms of the happiness or unhappiness they cause (or, more broadly, in terms of their impact on people's well-being). [Source: Encyclopedia of Business Ethics and Society; Utilitarianism]

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https://concepts.sagepub.com/social-science/concept/utilitarianism

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