Theories Of Ethical Egoism

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The theory of Ethical Egoism “claims that what is good is whatever an individual thinks is good for herself or himself with concern for anyone else except to the extent that person or persons may benefit them in the short term and long run. What is right, then, is any decision or action that brings about what a person believes is good for himself or herself only (University of Baltimore, 2017). In other words, ethical egoism promotes one’s personal interest and the disregard of others. We only do what makes us feel good. Furthermore, those who support this theory believes that people generally are the best judges of what is their own interest. Given the scenario of “The Lottery Ticket” and seeking advice from a selfish egoist person, would be my first mistake based on my virtues. This person would advise me to lie to my neighbor regarding the lottery ticket. As stated, an ethical egoist person is self-centered and selfish and only think of their personal interest. So in the case of the winning lottery ticket, it would make sense for them to suggest that I keep the money. As I’m sure he would further say, who would know but you and me? If I would keep the winning ticket, I know the egoist person would have his hand out once I cashed in the ticket. This type of person is not offering advice for free. Remember, he's trying to make me feel good and in return he will …show more content…

Advantages are, “a person will have a sense of identity; their personal needs will always be met and live by what makes a person different is what makes him strong.” By way of contrast, some disadvantages are “it could destroy relationships, an egoist person would not care what others think of them and if everyone had an egoist view they would be working against each other” (Lombardo,

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