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John Stuart Mill

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Business Ethics

Definition

John Stuart Mill was a prominent 19th century British philosopher and economist who is best known for his contributions to the ethical theory of utilitarianism and his writings on becoming an ethical professional. Mill's ideas have had a lasting impact on the fields of philosophy, economics, and business ethics.

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5 Must Know Facts For Your Next Test

  1. Mill argued that the ultimate goal of ethics should be to maximize overall happiness or well-being, rather than focusing on abstract moral rules or individual rights.
  2. His book 'Utilitarianism' laid out the core principles of the theory, including the 'greatest good for the greatest number' as the guiding standard for moral judgment.
  3. Mill believed that individuals have a duty to cultivate their intellectual and moral faculties in order to become ethical professionals who serve the public good.
  4. He advocated for the importance of freedom of thought and expression, arguing that this is essential for individual and societal progress.
  5. Mill's ideas on utilitarianism and ethical professionalism continue to be widely studied and debated in the fields of philosophy, business ethics, and public policy.

Review Questions

  • Explain how John Stuart Mill's principle of the 'greatest good for the greatest number' relates to the concept of utilitarianism.
    • The 'greatest good for the greatest number' is the core tenet of utilitarianism, the ethical theory developed by John Stuart Mill and others. It holds that the morally right action is the one that maximizes overall happiness or well-being for the largest number of people affected. Mill argued that the ultimate goal of ethics should be to promote the greatest good, rather than focusing on abstract moral rules or individual rights. This utilitarian approach to ethics has had a lasting impact on philosophical, economic, and business ethics discussions.
  • Describe how John Stuart Mill's views on ethical professionalism relate to his utilitarian principles.
    • In addition to his contributions to utilitarianism, John Stuart Mill also wrote extensively on the importance of cultivating ethical professionalism. He believed that individuals have a duty to develop their intellectual and moral faculties in order to serve the public good as ethical professionals. This aligns with Mill's utilitarian principle that the right course of action is the one that produces the greatest good for the greatest number of people. By upholding high moral standards in their work, ethical professionals can maximize the overall well-being of society, which was the core aim of Mill's utilitarian philosophy.
  • Evaluate how John Stuart Mill's ideas on freedom of thought and expression connect to his views on becoming an ethical professional.
    • $$\text{Mill argued that freedom of thought and expression is essential for both individual and societal progress.}$$ He believed that in order to develop into ethical professionals who can best serve the public interest, individuals must have the liberty to freely explore ideas, challenge assumptions, and engage in open discourse. This freedom allows professionals to cultivate their intellectual and moral faculties, which is crucial for upholding the utilitarian principle of maximizing overall happiness and well-being. Thus, Mill saw the protection of civil liberties as intrinsically linked to his vision of ethical professionalism and the broader utilitarian goal of promoting the greatest good for the greatest number.

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