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Enlightened Self-interest
Enlightened self-interest is a philosophy in ethics which states that persons who act to further the interests of others (or the interests of the group or groups to which they belong), ultimately serve their own self-interest. It has often been simply expressed by the belief that an individual, group, or even a commercial entity will ''"do well by doing good"''. The term enlightened self-interest has been criticised as a mere ideological or semantic device of neoclassical economic theory to justify this type of behaviour. It has been considered at best a variant of self-interest that is unsuitable for the establishment of personal and public relations, because like the definition of self-interest in the standard rational choice model, it fails to characterise human behaviour ethically, psychologically and cognitivel Related and contrasting concepts Unenlightened self-interest In contrast to ''enlightened'' self-interest is simple greed, or the concept of "''unenlightened'' self- ...
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Age Of Enlightenment
The Age of Enlightenment or the Enlightenment; german: Aufklärung, "Enlightenment"; it, L'Illuminismo, "Enlightenment"; pl, Oświecenie, "Enlightenment"; pt, Iluminismo, "Enlightenment"; es, La Ilustración, "Enlightenment" was an intellectual and philosophical movement that dominated Europe in the 17th century, 17th and 18th century, 18th centuries with global influences and effects. The Enlightenment included a range of ideas centered on the value of human happiness, the pursuit of knowledge obtained by means of rationalism, reason and empiricism, the evidence of the senses, and ideals such as liberty, progress, toleration, fraternity (philosophy), fraternity, and constitutional government. The Enlightenment was preceded by the Scientific Revolution and the work of Francis Bacon, John Locke, and others. Some date the beginning of the Enlightenment to the publication of René Descartes' ''Discourse on the Method'' in 1637, featuring his famous dictum, ''Cogito, ergo sum ...
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Rational Egoism
Rational egoism (also called rational selfishness) is the principle that an action is rational if and only if it maximizes one's self-interest.Baier (1990), p. 201; Gert (1998), p. 69; Shaver (2002), §3; Moseley (2006), §2. As such, it is considered a normative form of egoism, though historically has been associated with both positive and normative forms. In its strong form, rational egoism holds that to not pursue one's own interest is unequivocally irrational. Its weaker form, however, holds that while it is rational to pursue self-interest, failing to pursue self-interest is ''not always'' irrational. Originally an element of nihilist philosophy in Russia, it was later popularised in English-speaking countries by Russian-American author Ayn Rand. Origins Rational egoism (russian: разумный эгоизм) emerged as the dominant social philosophy of the Russian nihilist movement, having developed in the works of nihilist philosophers Nikolay Chernyshevsky and Dmi ...
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Helping Behavior
Helping behavior refers to voluntary actions intended to help the others, with reward regarded or disregarded. It is a type of prosocial behavior (voluntary action intended to help or benefit another individual or group of individuals, such as sharing, comforting, rescuing and helping). Altruism is distinguished from helping behavior. Altruism refers to prosocial behaviors that are carried out without expectation of obtaining external reward (concrete reward or social reward) or internal reward (self-reward). An example of altruism would be anonymously donating to charity. Perspectives on helping behavior Kin selection theory Kin selection theory explains altruism in an evolutionary perspective. Since natural selection aids in screening out species without abilities to adapt the challenging environment, preservation of good traits and superior genes are important for survival of future generations (i.e. inclusive fitness). Kin selection refers to the tendency to perform behaviors ...
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Will To Power
The will to power (german: der Wille zur Macht) is a concept in the philosophy of Friedrich Nietzsche. The will to power describes what Nietzsche may have believed to be the main driving force in humans. However, the concept was never systematically defined in Nietzsche's work, leaving its interpretation open to debate. Usage of the term by Nietzsche can be summarized as self-determination, the concept of actualizing one's will onto one's self or one's surroundings, and coincides heavily with egoism. Alfred Adler incorporated the will to power into his individual psychology. This can be contrasted to the other Viennese schools of psychotherapy: Sigmund Freud's pleasure principle (will to pleasure) and Viktor Frankl's logotherapy (will to meaning). Each of these schools advocates and teaches a very different essential driving force in human beings. ''Kraft'' vs. ''Macht'' Some of the misconceptions of the will to power, including Nazi appropriation of Nietzsche's philos ...
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Friedrich Nietzsche
Friedrich Wilhelm Nietzsche (; or ; 15 October 1844 – 25 August 1900) was a German philosopher, prose poet, cultural critic, philologist, and composer whose work has exerted a profound influence on contemporary philosophy. He began his career as a classical philologist before turning to philosophy. He became the youngest person ever to hold the Chair of Classical Philology at the University of Basel in 1869 at the age of 24. Nietzsche resigned in 1879 due to health problems that plagued him most of his life; he completed much of his core writing in the following decade. In 1889, at age 45, he suffered a collapse and afterward a complete loss of his mental faculties, with paralysis and probably vascular dementia. He lived his remaining years in the care of his mother until her death in 1897 and then with his sister Elisabeth Förster-Nietzsche. Nietzsche died in 1900, after experiencing pneumonia and multiple strokes. Nietzsche's writing spans philosophical polemics ...
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Ethical Egoism
In ethical philosophy, ethical egoism is the normative position that moral agents ''ought'' to act in their own self-interest. It differs from psychological egoism, which claims that people ''can only'' act in their self-interest. Ethical egoism also differs from rational egoism, which holds that it is '' rational'' to act in one's self-interest. Ethical egoism holds, therefore, that actions whose consequences will benefit the doer are ethical. Ethical egoism contrasts with ethical altruism, which holds that moral agents have an obligation to help others. Egoism and altruism both contrast with ethical utilitarianism, which holds that a moral agent should treat one's self (also known as the subject) with no higher regard than one has for others (as egoism does, by elevating self-interests and "the self" to a status not granted to others). But it also holds that one is not obligated to sacrifice one's own interests (as altruism does) to help others' interests, so long as one's ...
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Behavioral Economics
Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the decisions of individuals or institutions, such as how those decisions vary from those implied by classical economic theory. Behavioral economics is primarily concerned with the bounds of rationality of economic agents. Behavioral models typically integrate insights from psychology, neuroscience and microeconomic theory. The study of behavioral economics includes how market decisions are made and the mechanisms that drive public opinion. The concepts used in behavioral economics today can be traced back to 18th-century economists, such as Adam Smith, who deliberated how the economic behavior of individuals could be influenced by their desires. The status of behavioral economics as a subfield of economics is a fairly recent development; the breakthroughs that laid the foundation for it were published through the last three decades of the 20th century. Beha ...
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Virtue Ethics
Virtue ethics (also aretaic ethics, from Greek ἀρετή arete_(moral_virtue).html"_;"title="'arete_(moral_virtue)">aretḗ''_is_an_approach_to_ethics_that_treats_the_concept_of_virtue.html" ;"title="arete_(moral_virtue)">aretḗ''.html" ;"title="arete_(moral_virtue).html" ;"title="'arete (moral virtue)">aretḗ''">arete_(moral_virtue).html" ;"title="'arete (moral virtue)">aretḗ'' is an approach to ethics that treats the concept of virtue">moral virtue as central. Virtue ethics is usually contrasted with two other major approaches in ethics, consequentialism and deontology, which make the goodness of outcomes of an action (consequentialism) and the concept of moral duty (deontology) central. While virtue ethics does not necessarily deny the importance of goodness of states of affairs or moral duties to ethics, it emphasizes moral virtue, and sometimes other concepts, like ''eudaimonia'', to an extent that other ethical dispositions do not. Key concepts Virtue and vic ...
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Aristotle
Aristotle (; grc-gre, Ἀριστοτέλης ''Aristotélēs'', ; 384–322 BC) was a Greek philosopher and polymath during the Classical period in Ancient Greece. Taught by Plato, he was the founder of the Peripatetic school of philosophy within the Lyceum and the wider Aristotelian tradition. His writings cover many subjects including physics, biology, zoology, metaphysics, logic, ethics, aesthetics, poetry, theatre, music, rhetoric, psychology, linguistics, economics, politics, meteorology, geology, and government. Aristotle provided a complex synthesis of the various philosophies existing prior to him. It was above all from his teachings that the West inherited its intellectual lexicon, as well as problems and methods of inquiry. As a result, his philosophy has exerted a unique influence on almost every form of knowledge in the West and it continues to be a subject of contemporary philosophical discussion. Little is known about his life. Aristotle was ...
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Alexis De Tocqueville
Alexis Charles Henri Clérel, comte de Tocqueville (; 29 July 180516 April 1859), colloquially known as Tocqueville (), was a French aristocrat, diplomat, political scientist, political philosopher and historian. He is best known for his works '' Democracy in America'' (appearing in two volumes, 1835 and 1840) and '' The Old Regime and the Revolution'' (1856). In both, he analyzed the living standards and social conditions of individuals as well as their relationship to the market and state in Western societies. ''Democracy in America'' was published after Tocqueville's travels in the United States and is today considered an early work of sociology and political science. Tocqueville was active in French politics, first under the July Monarchy (1830–1848) and then during the Second Republic (1849–1851) which succeeded the February 1848 Revolution. He retired from political life after Louis Napoléon Bonaparte's 2 December 1851 coup and thereafter began work on ''The O ...
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Invisible Hand
The invisible hand is a metaphor used by the British moral philosopher Adam Smith that describes the unintended greater social benefits and public good brought about by individuals acting in their own self-interests. Smith originally mentioned the term in his work '' Theory of Moral Sentiments'' in 1759, but it has actually become known from his main work ''The Wealth of Nations'', where the word itself is mentioned only once, in connection with import restrictions. Similar ideas had already been presented before Smith by other Enlightenment thinkers, such as Anders Chydenius in his work ''The National Gain'' (1765) and Bernard Mandeville. Liberal thinkers wanted to show that society functions without collapsing even without the old hierarchical order of the feudal era. The concept was first introduced by Adam Smith in ''The Theory of Moral Sentiments'', written in 1759. The exact phrase is used just three times in Smith's writings. Smith may have come up with the two mea ...
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Adam Smith
Adam Smith (baptized 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment. Seen by some as "The Father of Economics"——— or "The Father of Capitalism",———— he wrote two classic works, ''The Theory of Moral Sentiments'' (1759) and '' An Inquiry into the Nature and Causes of the Wealth of Nations'' (1776). The latter, often abbreviated as ''The Wealth of Nations'', is considered his ''magnum opus'' and the first modern work that treats economics as a comprehensive system and as an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of God’s will and instead appeals to natural, political, social, economic and technological factors and the interactions between them. Among other economic theories, the work introduced Smith's idea of absolute advantage. Smith studied social philosophy at the University of Glasgo ...
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