Utilitarianism(Jeremy Bentham)
(opposite of the egoist theory)
Theory of Value:
-Hedonism:Only pleasure or happiness is intrinsicly valuable value: good in itself
*extrinsic value:good as a means to something else.(instrumental)
Q. Is pleasure the only thing that comes from intrinsic value?
A. NO.
Other Candidates: achievement, freedom, scientific, literary, artistic, beauty, humanitarian, knowledge and power
*Produce as much of the value as you can.
Benthams Hedonistic Calculous:
1)Intensity 2) Duration 3) Certainty 4)Remoteness 5) Fecundity 6) Purity 7)Extent
Theory of Action
-Consequentialism: create the greatest good for the greatest number.