Ethical egoism

Ethical egoism is the normative ethical 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 can be considered ethical in this sense. Ethical egoism is the normative ethical 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 can be considered ethical in this sense. 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 own interests (i.e. one's own desires or well-being) are substantially equivalent to the others' interests and well-being, but he has the choice to do so. Egoism, utilitarianism, and altruism are all forms of consequentialism, but egoism and altruism contrast with utilitarianism, in that egoism and altruism are both agent-focused forms of consequentialism (i.e. subject-focused or subjective). However, utilitarianism is held to be agent-neutral (i.e. objective and impartial): it does not treat the subject's (i.e. the self's, i.e. the moral 'agent's') own interests as being more or less important than the interests, desires, or well-being of others. Ethical egoism does not, however, require moral agents to harm the interests and well-being of others when making moral deliberation; e.g. what is in an agent's self-interest may be incidentally detrimental, beneficial, or neutral in its effect on others. Individualism allows for others' interest and well-being to be disregarded or not, as long as what is chosen is efficacious in satisfying the self-interest of the agent. Nor does ethical egoism necessarily entail that, in pursuing self-interest, one ought always to do what one wants to do; e.g. in the long term, the fulfillment of short-term desires may prove detrimental to the self. Fleeting pleasure, then, takes a back seat to protracted eudaimonia. In the words of James Rachels, 'Ethical egoism ... endorses selfishness, but it doesn't endorse foolishness.' Ethical egoism is often used as the philosophical basis for support of right-libertarianism and individualist anarchism. These are political positions based partly on a belief that individuals should not coercively prevent others from exercising freedom of action. Ethical egoism can be broadly divided into three categories: individual, personal, and universal. An individual ethical egoist would hold that all people should do whatever benefits 'my' (the individual's) self-interest; a personal ethical egoist would hold that they should act in their self-interest, but would make no claims about what anyone else ought to do; a universal ethical egoist would argue that everyone should act in ways that are in their self-interest. Ethical egoism was introduced by the philosopher Henry Sidgwick in his book The Methods of Ethics, written in 1874. Sidgwick compared egoism to the philosophy of utilitarianism, writing that whereas utilitarianism sought to maximize overall pleasure, egoism focused only on maximizing individual pleasure. Philosophers before Sidgwick have also retroactively been identified as ethical egoists. One ancient example is the philosophy of Yang Zhu (4th century BC), Yangism, who views wei wo, or 'everything for myself', as the only virtue necessary for self-cultivation. Ancient Greek philosophers like Plato, Aristotle and the Stoics were exponents of virtue ethics, and 'did not accept the formal principle that whatever the good is, we should seek only our own good, or prefer it to the good of others.' However, the beliefs of the Cyrenaics have been referred to as a 'form of egoistic hedonism', and while some refer to Epicurus' hedonism as a form of virtue ethics, others argue his ethics are more properly described as ethical egoism. Philosopher James Rachels, in an essay that takes as its title the theory's name, outlines the three arguments most commonly touted in its favor: It has been argued that extreme ethical egoism is self-defeating. Faced with a situation of limited resources, egoists would consume as much of the resource as they could, making the overall situation worse for everybody. Egoists may respond that if the situation becomes worse for everybody, that would include the egoist, so it is not, in fact, in their rational self-interest to take things to such extremes. However, the (unregulated) tragedy of the commons and the (one off) prisoner's dilemma are cases in which, on the one hand, it is rational for an individual to seek to take as much as possible even though that makes things worse for everybody, and on the other hand, those cases are not self-refuting since that behaviour remains rational even though it is ultimately self-defeating, i.e. self-defeating does not imply self-refuting. Egoists might respond that a tragedy of the commons, however, assumes some degree of public land. That is, a commons forbidding homesteading requires regulation. Thus, an argument against the tragedy of the commons, in this belief system, is fundamentally an argument for private property rights and the system that recognizes both property rights and rational self-interest—capitalism. More generally, egoists might say that an increasing respect for individual rights uniquely allows for increasing wealth creation and increasing usable resources despite a fixed amount of raw materials (e.g. the West pre-1776 versus post-1776, East versus West Germany, Hong Kong versus mainland China, North versus South Korea, etc.).