Is it consistent with utilitarianism

Assignment Help Finance Basics
Reference no: EM131490493

Question: I dont care how rich the very rich are. I care if they became rich in an unethical way, or if they use their riches in a particularly cringer or revolting way. I wouldnt mind if they lost [their wealth] or had it taxed away. But I dont mind if they keep it either. But I do find poverty of the very poor unlovely. That condition deserves, in my opinion, our most intensive care. I believe that the present focus on inequality of income diverts national attention from it" [Stein, 1996, p. A14]. Do you agree with this statement? Is it consistent with utilitarianism?

Reference no: EM131490493

Questions Cloud

What is minimum expected annual return for stock : what is the minimum expected annual return for Stock 3 that will enable Michele to achieve her investment requirement?
What would the offset rate need to be in order for this plan : Under one plan for Social Security reform, younger workers would be able to divert up to $1,000 of their payroll taxes into an individual account.
Calculate the de broglie wavelength of a proton : Calculate the de Broglie wavelength of a proton that is accelerated through a potential difference of 11.8 MeV. Answer in units of m.
Microscope depends on the wavelength of the photon : The resolving power of a microscope depends on the wavelength of the photon used to examine the object that is observed.
Is it consistent with utilitarianism : I dont care how rich the very rich are. I care if they became rich in an unethical way, or if they use their riches in a particularly cringer or revolting way.
What is principle remaining on the loan : Suppose you take out a loan for $24,475 to purchase a 2016 Nissan Altima. what is the principle remaining on the loan?
Find the masses of the fragments : The particle decays into two fragments that fly off with velocities of 0.982c and -0.852c, respectively. Find the masses of the fragments.
What is the optimal distribution of income : Suppose there are only two people, Simon and Charity, who must split a fixed income of $100. For Simon, the marginal utility of income is MUs = 400 - 2Is.
Weekly payment plan have less total cash outflow each? year : Why does the weekly payment plan have less total cash outflow each? year?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd