Utilitarianism Vs Libertarianism

299 Words1 Page
bulb-icon

Recommended: Concepts of utilitarianism

For a long while now there has been much debate on which political philosophy, utilitarianism, liberalism, or libertarianism, has the best approach to income inequality. Before I make a decision about which I believe has the correct approach, we must first define each philosophy and what it stands for. According to Mankiw’s Principles of Microeconomics, Utilitarianism is “the political philosophy according to which the government should choose policies to maximize the total utility of everyone in society.” This philosophy explains that the tradeoff between the rich and the poor will have an overall good effect on the total utility of everyone. It basically means that the poor can benefit from taxing the rich. As Mankiw explains, if you give

Show More
Related

  • John Locke Natural Rights Analysis

    1343 Words  | 3 Pages

    One of those people may say that everybody is deserving of an equal amount of money. However, from Locke’s perspective, this is wrong. Locke would argue that inheritance of money and social class is an overpowering classification and this cannot be reversed. Another opinion which may clash with Locke’s would be the opinion would be that there is no necessity for classes and everybody should live equally. While this may be true to some extent, this is not possible. People should still have the right to attempt to acquire land and money, and not everybody equally participates in society, making it impossible for everybody to live equally. The people that argue for income equality would see that the number of homeless people would go down drastically, because the people with no home would start to get money, because there would have to be a redistribution of the wealth making everyone equal in economic aspect. Jeremy Waldron said that “Some libertarians fantasize about the possibility that all the land in society might be helped as private property (“Sell the streets!”) (300). If income equality existed, it would be like communism in a way that everyone gets the same amount of pay in that field and no one goes broke in this

    Read More

  • On Utilitarianism

    1122 Words  | 3 Pages

    In Utilitarianism, J.S. Mill gives an account for the reasons one must abide by the principles of Utilitarianism. Also referred to as the Greatest-happiness Principle, this doctrine promotes the greatest happiness for the greatest amount of people. More specifically, Utilitarianism is a form of consequentialism, holding that the right act is that which yields the greatest net utility, or "the total amount of pleasure minus the total amount of pain", for all individuals affected by said act (Joyce, lecture notes from 03/30).

    Read More

  • Income Inequality in the United States

    3100 Words  | 7 Pages

    Income inequality not only harms us fiscally, but also affects our mental and physical wellbeing; therefore, it is important to identify the right ways to control wealth distribution among people.

    Read More

  • Utilitarianism

    2011 Words  | 5 Pages

    The most important question of all is what should one do since the ultimate purpose of answering questions is either to satisfy curiosity or to decide which action to take. Complicated analysis is often required to answer that question. Beyond ordinary analysis, one must also have a system of values, and the correct system of values is utilitarianism.

    Read More

  • The Cycle of Poverty

    1204 Words  | 3 Pages

    Inequality exist and is high in America because the amount of income and wealth that is distributed through power. In America the income distribution is very inequality and the value of a person wealth is based on their income with their debts subtracted. “As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers)” (Domhoff, 2011). In contrary the poor do not get ahead and the rich get more. Americans are judged and placed in class categories through their home ownership which translates to wealth. Americans social class is often associated with their assets and wealth. “People seek to own property, to have high incomes, to have interesting and safe jobs, to enjoy the finest in travel and leisure, and to live long and healthy lives” (Domhoff, 2011). Power indicates how these “values” are not distributed equally in American society. Huge gains for the rich include cuts in capital gains and dividends and when tax rates decrease for the tiny percent of Americans income is redistributed. Taxes directly affect the wealth and income of Americans every year.

    Read More

  • Utilitarianism, Economics and Ethics

    1747 Words  | 4 Pages

    Imagine a child living in a hot, government owned apartment in Chicago. He has no father. With his single, jobless mother he struggles to the words of the founding fathers: “We hold these truths to be self-evident, that all men are created equal; that they are endowed by their Creator with inherent and inalienable Rights; that among these, are Life, Liberty, and the pursuit of Happiness...” (The Declaration of Independence). This is one of the most famous phrases in the US Declaration of Independence and has become the underpinning of the dreams of millions of people around the world. Although the words are different, these sentiments are reflected in the political and economical policies of many democracies. While the notion of ‘happiness for all’ seems like the obvious solution to many of our persistent problems, we inevitably encounter conflicts between our actions and our morals. “The state is based on……the contradiction between public and private life, between universal and particular interests. For this reason, the state must confine itself to formal, negative activities.”(Marx, 1992). This essay focuses on the issues of a prominent theory, Utilitarianism as it blends and encompasses both areas of Economics and Ethics which have become the basis of our governmental bodies.

    Read More

  • Negative Essay On Inequality In America

    878 Words  | 2 Pages

    Income inequality is not necessarily harmful to our society because if the rich is getting richer they are able to invest more of their money to create business which will lead to more employment of people in the lower and middle class. A topic we also discussed in class was about the income mobility. The idea behind income mobility is that the poor does not always remain poor. People who were poor in the past are usually not poor later on in the future because the size of the economic pie increase too. People may think that the rise of income inequality is bad, but I do not really think it is as bad as many make it out to be. A solution should be put in place for a better distribution of the wealth, but I do not believe it should really be a concern because it seems to be something that will always exist. Even though income inequality exist or even if it is rising, people are better off today than they were before. The middle and poor class as discussed in class are getting a smaller peace of the pie, but it is larger that before, and with income mobility, the poor keep pushing forward regardless of the rich getting richer. Income inequality is a debated subjected, and I believe it will always be a debated subject. However in this class, so far, I have leaned that income inequality is not such as a bad thing as people make it sound. Income inequality has two side

    Read More

  • Income Inequality

    939 Words  | 2 Pages

    Income inequality has affected American citizens ever since the American Dream came to existence. The American Dream is centered around the concept of working hard and earning enough money to support a family, own a home, send children to college, and invest for retirement. Economic gains in income are one of the only possible ways to achieve enough wealth to fulfill the dream. Unfortunately, many people cannot achieve this dream due to low income. Income inequality refers to the uneven distribution of income and wealth between the social classes of American citizens. The United States has often experienced a rise in inequality as the rich become richer and the poor become poorer, increasing the unstable gap between the two classes. The income gap in America has been increasing steadily since the late 1970’s, and has now reached historic highs not seen since the 1920’s (Desilver). UC Berkeley economics professor, Emmanuel Saez conducted extensive research on past and present income inequality statistics and published them in his report “Striking it Richer.” Saez claims that changes in technology, tax policies, labor unions, corporate benefits, and social norms have caused income inequality. He stands to advocate a change in American economic policies that will help close this inequality gap and considers institutional and tax reforms that should be developed to counter it. Although Saez’s provides legitimate causes of income inequality, I highly disagree with the thought of making changes to end income inequality. In any diverse economic environment, income inequality will exist due to the rise of some economically successful people and the further development of factors that push people into poverty. I believe income inequality e...

    Read More

  • Difference Between Monism And Utilitarianism

    1934 Words  | 4 Pages

    This written assignment defines and compares the differences between Monism, Pluralism, and Particularism. All of these are aspects how to approach a moral problem, each having its own differences. These three out of many philosophical terms explain why one takes a certain action rather than what you think is morally right thing to do.

    Read More

  • Rawls And The Principles Of Justice

    2175 Words  | 5 Pages

    Drawing from the difference principle, inequalities in wealth and income can be justified if all parties benefit as a result. In comparison to the alternative interpretations of natural liberty and liberal equality, a system of democratic equality holds to “pure procedural justice…[although] this still leaves too much to social and natural contingency” (Rawls, 69). Given this notion, however, the difference principle is fully “compatible with the principle of efficiency” (Rawls, 69). When tying the difference principle with fair equality of opportunity, it ensures that while individuals may have drastically different situations, the situations themselves are justified as long as the structure serves to “improve the expectations of the least advantaged...

    Read More

  • Utilitarianism in Government

    1664 Words  | 4 Pages

    In its political philosophy utilitarianism provides an alternative to theories of natural law and the social contract by basing the authority of government and the sanctity of individual rights upon their utility, or measure of happiness gained. As an egalitarian doctrine, where everyone’s happiness counts equally, the rational, relatively straightforward nature of utilitarianism offers an attractive model for democratic government. It offers practical methods for deciding the morally right course of action - “...an action is right as it tends to promote happiness, wrong as it tends to diminish it, for the party whose interests are in question” (Bentham, 1780). To discover what we should do in a given situation, we identify the various courses of action that we could take, then determine any foreseeable benefits and harms to all affected by the ramifications of our decision. In fact, some of the early pioneers of utilitarianism, such as Bentham and Mill, campaigned for equality in terms of women's suffrage, decriminalization of homosexuality, and abolition of slavery (Boralevi, 1984). Utilitarianism seems to support democracy as one could interpret governments working to promote the public interest and welfare of citizens as striving for liberty for the greatest amount of people. While utilitarianism at its heart is a theory that calls for progressive social change through peaceful political processes, there are some difficulties in relying on it as the sole method for moral decision-making. In this essay I will assess the effectiveness of utilitarianism as a philosophy of government by examining the arguments against it.

    Read More

  • Arguments Against Utilitarianism

    1464 Words  | 3 Pages

    As a philosophical approach, utilitarianism generally focuses on the principle of “greatest happiness”. According to the greatest happiness principle, actions that promote overall happiness and pleasure are considered as right practices. Moreover, to Mill, actions which enhance happiness are morally right, on the other hand, actions that produce undesirable and unhappy outcomes are considered as morally wrong. From this point of view we can deduct that utilitarianism assign us moral duties and variety of ways for maximizing pleasure and minimizing pain to ensure “greatest happiness principle”. Despite all of moral duties and obligations, utilitarian perspective have many specific challenges that pose several serious threats which constitute variety of arguments in this essay to utilitarianism and specifically Mill answers these challenges in his work. These arguments can be determinated and analyzed as three crucial points that seriously challenges utilitarianism. The first issue can be entitled like that utilitarian idea sets too demanding conditions as to act by motive which always serves maximizing overall happiness. It creates single criterion about “being motived to maximize overall happiness” but moral rightness which are unattainable to pursue in case of the maximizing benefit principle challenges utilitarianism. Secondly, the idea which may related with the first argument but differs from the first idea about single criterion issue, utilitarianism demands people to consider and measuring everything which taking place around before people practice their actions. It leads criticism to utilitarianism since the approach sees human-beings as calculators to attain greatest happiness principle without considering cultural differ...

    Read More

  • Utilitarianism vs. Kantianism

    1353 Words  | 3 Pages

    Ethics can be defined as "the conscious reflection on our moral beliefs with the aim of improving, extending or refining those beliefs in some way." (Dodds, Lecture 2) Kantian moral theory and Utilitarianism are two theories that attempt to answer the ethical nature of human beings. This paper will attempt to explain how and why Kantian moral theory and Utilitarianism differ as well as discuss why I believe Kant's theory provides a more plausible account of ethics.

    Read More

  • Utilitarianism

    748 Words  | 2 Pages

    Utilitarianism is an ethical theory proposed by Jeremy Bentham and defended by James Mill. The theory says, that all the activities should be directed towards the accomplishment of the greatest happiness for the greatest number of people. Utilitarianism is impractical and very unrealistic because, it refuses to focus on the individuals values, morals, and happiness. Utilitarianism endorse risking ones life for the sake of other is not and in fact it rewards such behavior. Utilitarianism mentions that if the outcome of the one persons death saves many lives then therefore it is obligated to do so.

    Read More

  • Essay On Income Inequality

    1524 Words  | 4 Pages

    Income inequality is a big problem in the United States because the top, wealthiest American saw huge increases in their incomes, which the rest had their incomes go down. Bottom people do not have the same amount of money and the opportunity to move up the social ladder as the rich people do. In order to reduce income inequality, the government needs to tax the rich people more, and give poor people more money and more social services - education, food subsidies, health care.

    Read More

More about Utilitarianism Vs Libertarianism

Open Document