Ethical Egoism

Jacob
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•   A different view, which talks of morality as only the pursuit of self interest

•    Self-interest is a ‘rational concern’ requiring consideration of one’s long-term interests.

E.g., taking bribe may appear to serve one’s self interest but it does not serve the long- term interest of self. Hence taking bribe is not acceptable since it would not do any good on a long-term.  This  was  professed  by Thomas  Hobbes  (1588-1679)  and  Ayn  Rand (1905-1982).

 Ayn Rand – with only one life to live, the individual is of utmost importance

 It is in one’s self-interest to adopt the Moral Point of View (Hobbes’ Social Contract)

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