The question is from the textbook Inequality, Discrimination, Poverty, and Mobility Question 1 from chapter 8: "Presumably as the economy grows over time, it becomes easier for everyone to have their basic needs met. Does the utilitarian argument lose its force in an economy where everyone has their basic needs met?"
No, Utilitarianism considers the
interests of all beings equally. It states that the best action is
the one that maximizes utility, which is usually defined as that
which produces the greatest well-being of the greatest number of
people, and in some cases, sentient animals Utilitarianism, as a
family of philosophical theories, has been the
most powerful and pervasive approach in the development of
eco-
nomics since the marginalist revolution.
So growth of economy is good that make easier everyone to have met their basic necessities, but utilitarian argument deal's with well being and intrest of all being equally. It means it will doesn't loose its force in an economy whether economy grow or not, everyone met their basic necessities or not.
Get Answers For Free
Most questions answered within 1 hours.