In this essay I am going to be talking about whether should utilitarianism be the aim while making moral and policy decisions or not. I will include examples from different people such as Michael J. Sandal and Robert Nozick in order to justify my point while arguing my opinion whether I agree or disagree to the essay question. Also, I will provide my own judgement if I think that this should be considered for some types of scenarios included in examples given. Utilitarianism is the moral belief that an action is right if it produces the greatest good for the most number of people. It is often based on the calculated consequence or outcome of a certain action. If you think an action will bring the maximum amount of happiness to the most number of people, then it is the right thing to do.
Quite a while ago, there was a hurricane in Florida, and many people lost their modern livelihood due to the fact that they lost pretty much all their electricity. And in modern times like this, electricity is one of the vital things you need to survive. However, a company which produces household generators were very thoughtful in the condition that Floridians were in. Using their knowledge they calculated an extreme profit margin in which they would be earning thousands instead of hundreds, and because of the situation they took advantage of it. They increased the prices, due to the shift in demand. The shift in demand has occurred, due to the external factors other than the price of the small household generator. Since electricity is a necessity (which is why the demand curve is so steep) it is important to have a generator in desperate times. This is a case of inelastic demand (demand doesn’t change to the price). This meant that there will be a higher demand for generators and a higher demand will mean the prices increase for the supplier to make more profit. Supply falls since even the suppliers are suffering from the electricity loss, and therefore what’s left in the...