Ethical in the context of "Wealth"

⭐ In the context of wealth, ethical considerations arise primarily because defining wealth is often a…

Ad spacer

⭐ Core Definition: Ethical

Ethics is the philosophical study of moral phenomena. Also called moral philosophy, it investigates normative questions about what people ought to do or which behavior is morally right. Its main branches include normative ethics, applied ethics, and metaethics.

Normative ethics aims to find general principles that govern how people should act. Applied ethics examines concrete ethical problems in real-life situations, such as abortion, treatment of animals, and business practices. Metaethics explores the underlying assumptions and concepts of ethics. It asks whether there are objective moral facts, how moral knowledge is possible, and how moral judgments motivate people. Influential normative theories are consequentialism, deontology, and virtue ethics. According to consequentialists, an act is right if it leads to the best consequences. Deontologists focus on acts themselves, saying that they must adhere to duties, like telling the truth and keeping promises. Virtue ethics sees the manifestation of virtues, like courage and compassion, as the fundamental principle of morality.

↓ Menu

>>>PUT SHARE BUTTONS HERE<<<

👉 Ethical in the context of Wealth

Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word weal, which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. A person possessing a substantial net worth is known as wealthy. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts).

At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various people in different contexts. Defining wealth can be a normative process with various ethical implications, since often wealth maximization is seen as a goal or is thought to be a normative principle of its own. A community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.

↓ Explore More Topics
In this Dossier

Ethical in the context of Receptivity

Receptivity, or receptive agency, is a practical capacity and source of normativity, which, according to the philosopher Nikolas Kompridis, has both ontological and ethical dimensions, and refers to a mode of listening and "normative response" to demands arising outside the self, as well as "a way by which we might become more attuned to our pre-reflective understanding of the world, to our inherited ontologies," thereby generating non-instrumental possibilities for social change and self-transformation. Kompridis has argued for the importance of receptivity to democratic politics, romanticism and critical theory.

↑ Return to Menu

Ethical in the context of Moral realism

Moral realism (also ethical realism) is the position that ethical sentences express propositions that refer to objective features of the world (that is, features independent of subjective opinion), some of which may be true to the extent that they report those features accurately. This makes moral realism a non-nihilist form of ethical cognitivism (which accepts that ethical sentences express propositions and can therefore be true or false) with an ontological orientation, standing in opposition to all forms of moral anti-realism and moral skepticism, including ethical subjectivism (which denies that moral propositions refer to objective facts), error theory (which denies that any moral propositions are true), and non-cognitivism (which denies that moral sentences express propositions at all). Moral realism's two main subdivisions are ethical naturalism and ethical non-naturalism.

Most philosophers claim that moral realism dates at least to Plato as a philosophical doctrine and that it is a fully defensible form of moral doctrine. A 2009 survey involving 3,226 respondents from mostly English-speaking universities, including mostly faculty members, PhDs and graduate students, found that 56% accept or lean toward moral realism (28%: anti-realism; 16%: other). A 2020 study found that 62.1% accept or lean toward realism. Some notable examples of robust moral realists include David Brink, John McDowell, Peter Railton, Geoffrey Sayre-McCord, Michael Smith, Terence Cuneo, Russ Shafer-Landau, G. E. Moore, John Finnis, Richard Boyd, Nicholas Sturgeon, Thomas Nagel, Derek Parfit, and Peter Singer. Norman Geras has argued that Karl Marx was a moral realist. Moral realism's various philosophical and practical applications have been studied.

↑ Return to Menu

Ethical in the context of Sexuality

Human sexuality is the way people experience and express themselves sexually. This involves biological, psychological, physical, erotic, emotional, social, or spiritual feelings and behaviors. Because it is a broad term which has varied within different historical contexts, it lacks a precise definition. The biological and physical aspects of sexuality largely concern the human reproductive functions, including the human sexual response cycle.

Someone's sexual orientation is their pattern of sexual interest in the opposite and/or same sex. Physical and emotional aspects of sexuality include bonds between individuals that are expressed through profound feelings or physical manifestations of love, trust, and care. Social aspects deal with the effects of human society on one's sexuality, while spirituality concerns an individual's spiritual connection with others. Sexuality also affects and is affected by cultural, political, legal, philosophical, moral, ethical, and religious aspects of life.

↑ Return to Menu

Ethical in the context of Antisthenes

Antisthenes (/ænˈtɪsθɪnz/; Ancient Greek: Ἀντισθένης, pronounced [an.tis.tʰén.ε:s]; c. 446 – c. 366 BCE) was a Greek philosopher and a pupil of Socrates. Antisthenes first learned rhetoric under Gorgias before becoming an ardent disciple of Socrates. He adopted and developed the ethical side of Socrates' teachings, advocating an ascetic life lived in accordance with virtue. Later writers regarded him as the founder of Cynic philosophy.

↑ Return to Menu

Ethical in the context of Stilpo

Stilpo or Stilpon (Ancient Greek: Στίλπων, Stílpōn; c. 360 – c. 280 BC), in Latin sources also Stilbo or Stilbon, was a Greek philosopher of the Megarian school. He was a contemporary of Theophrastus, Diodorus Cronus, and Crates of Thebes. None of his writings survive, but he is described in the writings of others as being interested in logic and dialectic, and he argued that the universal is fundamentally separated from the individual and concrete. His ethical teachings approached that of the Cynics and Stoics. His most important followers were Pyrrho, the founder of Pyrrhonism, and Zeno of Citium, the founder of Stoicism.

↑ Return to Menu

Ethical in the context of Physiocentrism

Ecocentrism (/ˌɛkˈsɛntrɪzəm/; from Greek: οἶκος /ˈoi.kos/ oikos, 'house' and κέντρον /ˈken.tron/ kentron, 'center') is a term used by environmental philosophers and ecologists to denote a nature-centered, as opposed to human-centered (i.e., anthropocentric), system of values. The justification for ecocentrism usually consists in an ontological belief and subsequent ethical claim. The ontological belief denies that there are any existential divisions between human and non-human nature sufficient to claim that humans are either (a) the sole bearers of intrinsic value or (b) possess greater intrinsic value than non-human nature. Thus the subsequent ethical claim is for an equality of intrinsic value across human and non-human nature, or biospherical egalitarianism.

↑ Return to Menu