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Ethics

Act Utilitarianism Isn’t Merely a National Scourge

Trump justifies his treatment of Christine Blasey Ford by the outcome of the Kavanaugh hearings: “It doesn’t matter. We won.”

One wouldn’t have to go to Washington, or wait for Trump to speak, to find this sort of act utilitarianism. Long before Trump’s 2016 campaign, officials and self-described community leaders in small towns across America shared a similar calculus. For the sake of some imagined overall gain, individual injuries and injustices have been swept aside.

And so, and so — officials justify financial and personal injuries to individuals on behalf of the supposed greater good of being ‘community-minded,’ of defending the ‘university family,’ or some such collective claim.

Trump’s act utilitarianism did not begin with Trump: it grew in cities and towns in which factions decided they’d take what they want, and conveniently sweep aside others by use of nebulous ‘community’ principles. (In the video above, Trump betrays his amorality early on, as he shrugs his shoulders when part of Christine Blasey Ford’s injury is recounted to him.)

In most of these cases of supposed collective gain, of course, it turns out to be a particular politician, particular businessman, or particular university official who reaps the most at the expense of ordinary individuals, but these community leaders would prefer one didn’t look too closely into that selfish benefit, thank you kindly.

Whether a highly-placed person’s selfish gain, or community’s supposed overall gain, the disregard for individual rights reveals a dark, calculating amorality.

The Theory of Moral Sentiments and the Morality of Markets

In Five myths about capitalism, Steven Pearlstein describes the primary myth as a misunderstanding about motivations of those choosing freely in the marketplace (broadly understood, these choices are about not only capital, but also labor or goods): Myth No. 1: Greed, a natural human instinct, makes markets work. Adam Smith, the father of economics, first pointed out in his…

Why, Yes, It Was

Cecilia Kang reports AT&T Chief Says Hiring Michael Cohen Was a ‘Big Mistake’: WASHINGTON — Randall L. Stephenson, AT&T’s chief executive, said on Friday that the company had made a “big mistake” by hiring President Trump’s personal lawyer, Michael D. Cohen, to advise on the telecommunications giant’s deal to buy Time Warner. “Our company has been…

The Price of Trumpism is Ruin

Craig Gilbert looks at the careers of Priebus, Ryan, and Walker: They led the “Cheesehead Revolution,” the GOP’s audacious conquest of Wisconsin. They offered a model for bridging Republican frictions between establishment and base. They became national figures. They ran into Donald Trump. They suffered. They bent to his rise. Now one (Priebus) has left…

Ackman’s Right About Herbalife

Bill Ackman, CEO of Pershing Square Capital, has waged a long campaign against Herbalife (in which he has a publicly-disclosed short position, that is, a bet against Herbalife’s future). Ackman’s a capitalist, activist, and philanthropist. (His politics are not mine – he recently urged Michael Bloomberg to run for president; Bloomberg is no libertarian.) In…