Utilitarianism
Ethical consideration related to Utilitarianism
Consequences
Ethical consideration related to Respect for Persons
"How people are treated"
Ethical consideration related to Virtue Ethics
"The effects on one's habit and character"
Units of happiness or utility
Utils
"What ought I do?"
Key question Respect for Persons asks
Behavior showing high moral standards
Virtue ethics main idea
Main idea behind utilitarianism
Maximizing the overall good
Respect for Persons Principles
Rationality, Autonomy, and Moral Agency
Fairness, generosity, honesty, friendliness, courage
Virtues
Final step in utilitarian decision procedure
Maximizing utility
An act is right if it treats all persons with dignity and respect, not as mere means
Respect for Persons not mere means
Flourishing, living truly human lives
Eudaimonia
The idea that only pleasure, or the absence of pain, is intrinsically valuable
Jeremy Bentham's main idea
Acts should be judged by whether they violate rules or rights
Kantianism
Corporate leadership and corporate culture creates a culture in which good people are encouraged to make decisions using virtues
Business virtues