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A moral evaluation of speculation on agricultural commodities. Consideration of the greatest happiness principle by Jeremy Bentham

Author : David Höhl
Publisher : GRIN Verlag
Page : 30 pages
File Size : 40,92 MB
Release : 2018-08-26
Category : Philosophy
ISBN : 3668782504

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Seminar paper from the year 2018 in the subject Philosophy - Philosophy of the 20th century, grade: 1,5, Harvard University, language: English, abstract: Which consequences do the speculation on agricultural commodities have on food prices? Is it morally wrong to speculate on agricultural commodities? Are policy makers ethically obligated to regulate the speculation of agricultural commodities? The following paper will face these issues. First of all, I will define the greatest happiness principle by Jeremy Bentham, agricultural commodities, commodity futures and futures markets as well as speculation. Afterwards, I will analyze the consequences of speculation on agricultural commodities for all concerned parties. Doing this, I will examine the effects of the speculation on commodity trading firms, banks, investors and the price development of agricultural commodities. On the basis of the results of my examination, I will apply the greatest happiness principle. Given this analysis, I will state my advice for policy makers.

Utilitarianism

Author : John Stuart Mill
Publisher : BoD – Books on Demand
Page : 72 pages
File Size : 38,24 MB
Release : 2019-01-02
Category : Philosophy
ISBN : 3748158041

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The creed which accepts as the foundation of morals, Utility, or the Greatest Happiness Principle, holds that actions are right in proportion as they tend to promote happiness, wrong as they tend to produce the reverse of happiness. By happiness is intended pleasure, and the absence of pain; by unhappiness, pain, and the privation of pleasure. To give a clear view of the moral standard set up by the theory, much more requires to be said; in particular, what things it includes in the ideas of pain and pleasure; and to what extent this is left an open question. But these supplementary explanations do not affect the theory of life on which this theory of morality is grounded-namely, that pleasure, and freedom from pain, are the only things desirable as ends; and that all desirable things (which are as numerous in the utilitarian as in any other scheme) are desirable either for the pleasure inherent in themselves, or as means to the promotion of pleasure and the prevention of pain. Now, such a theory of life excites in many minds, and among them in some of the most estimable in feeling and purpose, inveterate dislike. To suppose that life has (as they express it) no higher end than pleasure-no better and nobler object of desire and pursuit-they designate as utterly mean and grovelling; as a doctrine worthy only of swine, to whom the followers of Epicurus were, at a very early period, contemptuously likened; and modern holders of the doctrine are occasionally made the subject of equally polite comparisons by its German, French, and English assailants.

The Principles of Morals and Legislation

Author : Jeremy Bentham
Publisher :
Page : 378 pages
File Size : 35,80 MB
Release : 1879
Category : Civil law
ISBN :

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Discusses morals' functions and natures that affect the legislation in general. Bases the discussions on pain and pleasure as basic principle of law embodiment. Mentions of the circumstance influencing sensibility, general human actions, intentionality, conciousness, motives, human dispositions, consequencess of mischievous act, case of punishment, and offences' division.

Social Science Research

Author : Anol Bhattacherjee
Publisher : CreateSpace
Page : 156 pages
File Size : 41,2 MB
Release : 2012-04-01
Category : Science
ISBN : 9781475146127

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This book is designed to introduce doctoral and graduate students to the process of conducting scientific research in the social sciences, business, education, public health, and related disciplines. It is a one-stop, comprehensive, and compact source for foundational concepts in behavioral research, and can serve as a stand-alone text or as a supplement to research readings in any doctoral seminar or research methods class. This book is currently used as a research text at universities on six continents and will shortly be available in nine different languages.

The Ethics of Research Involving Animals

Author :
Publisher :
Page : 335 pages
File Size : 14,76 MB
Release : 2005-01-01
Category : Animal experimentation
ISBN : 9781904384106

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A report of the Nuffield Council on Bioethics working party investigating the ethical issues of research involving animals.

Understanding Utilitarianism

Author : Tim Mulgan
Publisher : Routledge
Page : 174 pages
File Size : 40,85 MB
Release : 2014-12-05
Category : Philosophy
ISBN : 1317493397

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Utilitarianism - a philosophy based on the principle of the greatest happiness for the greatest number of people - has been hugely influential over the past two centuries. Beyond ethics or morality, utilitarian assumptions and arguments abound in modern economic and political life, especially in public policy. An understanding of utilitarianism is indeed essential to any understanding of contemporary society. "Understanding Utilitarianism" presents utilitarianism very much as a living tradition. The book begins with a summary of the classical utilitarianism of the eighteenth and nineteenth centuries. Subsequent chapters trace the development of the central themes of utilitarian thought over the twentieth century, covering such questions as: What is happiness? Is happiness the only valuable thing? Is utilitarianism about acts or rules or institutions? Is utilitarianism unjust, or implausibly demanding, or impractical? and Where might utilitarianism go in the future?

Jeremy Bentham's Economic Writings

Author : Werner Stark
Publisher : Routledge
Page : 471 pages
File Size : 48,57 MB
Release : 2014-05-12
Category : Business & Economics
ISBN : 1317657373

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This volume contains all the writings that are grouped around Bentham's boldest idea - the proposal of a 'circulating currency': a government sponsored currency which would be both a kind of savings certificate and a kind of paper money. The roots of this proposal are illustrated in two pamphlets from 1794-96, along with subsequent pamphlets and discussions which show Bentham's unsuccessful negotiations with the trasury on this matter.