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No, we should encourage choices that maximize the benefit over all individuals including the person who is making the choice. The person making the choice is in
by fighterpilot 5y ago
No, we should encourage choices that maximize the benefit over all individuals including the person who is making the choice. The person making the choice is in no way morally less important than others.
We should also avoid thinking in terms of a false dichotomy. Most voluntary exchanges and relationships in the world are win-win-win, in that both counterparties are gaining and the externality is positive. In such a context, self-maximizing through profit seeking is the choice that maximizes the benefit to others.
What we want to discourage is a much more narrow cone of behavior. Corruption. Negative externalities. Things that aren't win-win-win.