Justice: What's The Right Thing To Do? Episode 02: "PUTTING A PRICE TAG ON LIFE"
Harvard University・31 minutes read
Funding for the program comes from previous discussions on the Queen versus Dudley and Stephens lifeboat case, while Jeremy Bentham's utilitarian philosophy focuses on maximizing general welfare by balancing pleasure and pain. John Stuart Mill argued for distinguishing between higher and lower pleasures, emphasizing the importance of justice grounded in utility for societal well-being.
Insights
- Cost-benefit analysis, derived from utilitarianism, assigns dollar values to costs and benefits, as demonstrated in cases like Philip Morris in the Czech Republic and Ford Pinto, raising ethical concerns about valuing human life in monetary terms.
- John Stuart Mill's efforts to humanize utilitarianism by distinguishing between higher and lower pleasures, as seen in comparisons between Shakespeare and The Simpsons, highlight the subjectivity and complexity of value judgments, challenging the notion that all values can be quantified uniformly.
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Recent questions
What is utilitarian philosophy?
The utilitarian philosophy, developed by Jeremy Bentham, focuses on maximizing general welfare or collective happiness by balancing pleasure over pain for the greatest good for the greatest number.
What is cost-benefit analysis?
Cost-benefit analysis, derived from utilitarian logic, assigns dollar values to costs and benefits of proposals to determine the most favorable course of action, as seen in the Czech Republic's smoking tax case.
How did Philip Morris use cost-benefit analysis?
Philip Morris utilized cost-benefit analysis in the Czech Republic to find a net public finance gain of $147 million, considering health care savings and tax revenues, showcasing the application of this method in decision-making processes.
What are the criticisms of utilitarianism?
Critics question utilitarianism's focus on maximizing utility, particularly concerning minority rights and individual values, highlighting concerns about the ethical implications of prioritizing the majority over minority interests.
How did John Stuart Mill address concerns about utilitarianism?
John Stuart Mill attempted to humanize utilitarianism by distinguishing between higher and lower pleasures, emphasizing the importance of individual rights and subjective value judgments in determining the most beneficial outcomes for society.
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