What does Orlando think of the utilitarian argument in favor of downsizing to increase profit?
While there is evidence that downsizing improves the economy, it’s not clear whether or not it maximizes well-being |
There is evidence that downsizing maximizes well-being for society and no evidence that it does not |
Downsizing clearly helps to benefit society and the even the workers that have been laid off |
There is no evidence for that claim downsizing maximizes well-being for society and some evidence that it does not |
Ans. (d)
The utilitarian argue that downsizing maximizes welfare because it increases profit and the benefit to the majority of the population is greater than the costs to a minority.However, Orlando argues that this is not an established fact. He does not agree that downsizing automatically improves a corporation’s economic health.He asserts that there are many negative consequences that have never been quantified so nobody is aware of the balance against economic benefit. In his opinion, the Utilitarian case for downsizing has not been proven.
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