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Cost-Benefit Analysis Utilitarianism

211 Words1 Pages
In chapters 10 of readings in risk Steven Kelman explorers cost-benefit analysis on an ethical basis. He believes that their are many instances where cost-benefit analysis (a utilitarian concept) is morally wrong. He likens cost-benefit analysis to lying, though at first the positive effects may outweigh the negatives eventually the negative effects may become the dominant characteristic. The problem with the utilitarianism view is that in many cases we see the utilitarian approach as morally wrong, some acts are moral even if the cost outweighs the benefits. A further problem is how do you break down costs of immaterial things like happiness which are utterly subjective since we want to look at all the benefits and costs. If we could buy
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