BUSI 4601 Lecture Notes - Lecture 4: Jeremy Bentham, Procedural Justice, Due Diligence
7 Nov 2017
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Judgements about justice l based on moral principles that identify fair ways of distributing benefits/rights among members of society. Judgements about rights l based on moral principles that indicate areas in which people"s rights to freedom and well-being must be respected traditional. Utilitarian principle l action is right ethically if total of utilities produced by act is greater than total of utilities produced by any other act performed. Support for utilitarianism l matches views we advocate when discussing choice of government policies l fits criteria when we discuss moral conduct l can explain why we consider some things morally wrong or right l influenced politics. Cost benefit analysis l used to determine desirability of project by comparing present and future benefits/costs. Rule utilitarianism l limit utilitarian analysis to the evaluations of moral rules. l ask if action is required by correct moral rules? l moral rules are those that produce highest amount of utility.
