Ethical egoism in the context of "Psychological hedonism"

Alice O'Connor (born Alisa Zinovyevna Rosenbaum; February 2 [O.S. January 20], 1905 – March 6, 1982), better known by her pen name Ayn Rand (/aɪn/ ), was a Russian-born American writer and philosopher. She is known for her fiction and for developing a philosophical system which she named Objectivism. Born and educated in Russia, she moved to the United States in 1926. After two early novels that were initially unsuccessful and two Broadway plays, Rand achieved fame with her 1943 novel The Fountainhead. In 1957, she published her best-selling work, the novel Atlas Shrugged. Afterward, until her death in 1982, she turned to non-fiction to promote her philosophy, publishing her own periodicals and releasing several collections of essays.

Rand advocated reason and rejected faith and religion. She supported rational and ethical egoism as opposed to altruism and hedonism. In politics, she condemned the initiation of force as immoral and supported laissez-faire capitalism, which she defined as the system based on recognizing individual rights, including private property rights. Although she opposed libertarianism, which she viewed as anarchism, Rand is often associated with the modern libertarian movement in the United States. In art, she promoted romantic realism. She was sharply critical of most philosophers and philosophical traditions known to her, with a few exceptions.

In ethical philosophy, utilitarianism is a family of normative ethical theories that prescribe actions that maximize happiness and well-being for the affected individuals. In other words, utilitarian ideas encourage actions that lead to the greatest good for the greatest number. Although different varieties of utilitarianism admit different characterizations, the basic idea that underpins them all is, in some sense, to maximize utility, which is often defined in terms of well-being or related concepts. For instance, Jeremy Bentham, the founder of utilitarianism, described utility as the capacity of actions or objects to produce benefits, such as pleasure, happiness, and good, or to prevent harm, such as pain and unhappiness, to those affected.

Utilitarianism is a version of consequentialism, which states that the consequences of any action are the only standard of right and wrong. Unlike other forms of consequentialism, such as egoism and altruism, egalitarian utilitarianism considers either the interests of all humanity or all sentient beings equally. Proponents of utilitarianism have disagreed on a number of issues, such as whether actions should be chosen based on their likely results (act utilitarianism), or whether agents should conform to rules that maximize utility (rule utilitarianism). There is also disagreement as to whether total utility (total utilitarianism) or average utility (average utilitarianism) should be maximized.

Hedonism is a family of philosophical views that prioritize pleasure. Psychological hedonism is the theory that all human behavior is motivated by the desire to maximize pleasure and minimize pain. As a form of egoism, it suggests that people only help others if they expect a personal benefit. Axiological hedonism is the view that pleasure is the sole source of intrinsic value. It asserts that other things, like knowledge and money, only have value insofar as they produce pleasure and reduce pain. This view divides into quantitative hedonism, which only considers the intensity and duration of pleasures, and qualitative hedonism, which identifies quality as another relevant factor. The closely related position of prudential hedonism states that pleasure and pain are the only factors of well-being. Ethical hedonism applies axiological hedonism to morality, arguing that people have a moral duty to pursue pleasure and avoid pain. Utilitarian versions assert that the goal is to increase overall happiness for everyone, whereas egoistic versions state that each person should only pursue their own pleasure. Outside the academic context, hedonism is sometimes used as a pejorative term for an egoistic lifestyle seeking short-term gratification.

Hedonists typically understand pleasure and pain broadly to include any positive or negative experience. While traditionally seen as bodily sensations, some contemporary philosophers view them as attitudes of attraction or aversion toward objects or contents. Hedonists often use the term "happiness" for the balance of pleasure over pain. The subjective nature of these phenomena makes it difficult to measure this balance and compare it between different people. The paradox of hedonism and the hedonic treadmill are proposed psychological barriers to the hedonist goal of long-term happiness.

Psychological egoism is the view that humans are always motivated by self-interest and selfishness, even in what seem to be acts of altruism. It claims that, when people choose to help others, they do so ultimately because of the personal benefits that they expect to obtain, directly or indirectly, from doing so.

This is a descriptive rather than normative view, since it only makes claims about how things are, not how they "ought to be" according to some. It is, however, related to several other normative forms of egoism, such as ethical egoism and rational egoism.