Enlightened self-interestEnlightened self-interest is a philosophy in ethics which states that persons who act to further the interests of others (or the interests of the group or groups to which they belong) ultimately serve their own self-interest. It has often been simply expressed by the belief that an individual, group, or even a commercial entity will "do well by doing good". The term enlightened self-interest has been criticised as a mere ideological or semantic device of neoclassical economic theory to justify this type of behaviour.
Altruism (ethics)In ethical philosophy, altruism (also called the ethic of altruism, moralistic altruism, and ethical altruism) is an ethical doctrine that holds that the moral value of an individual's actions depends solely on the impact of those actions on other individuals, regardless of the consequences for the actor. James Fieser states the altruist dictum as: "An action is morally right if the consequences of that action are more favorable than unfavorable to everyone except the agent.
Self-interestSelf-interest generally refers to a focus on the needs or desires (interests) of one's self. Most times, actions that display self-interest are often performed without conscious knowing. A number of philosophical, psychological, and economic theories examine the role of self-interest in motivating human action. Individuals may have a self-serving bias towards their self-interest. Philosophical concepts concerned with self-interest include: Enlightened self-interest, a philosophy which states that acting to further the interests of others also serves one's own self-interest.
Psychological egoismPsychological 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 themselves expect to obtain, directly or indirectly, from so doing. 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.
Ethical egoismIn ethical philosophy, ethical egoism is the normative 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 are ethical. Ethical egoism contrasts with ethical altruism, which holds that moral agents have an obligation to help others.
Atlas ShruggedAtlas Shrugged is a 1957 novel by Ayn Rand. It was her longest novel, the fourth and final one published during her lifetime, and the one she considered her magnum opus in the realm of fiction writing. Atlas Shrugged includes elements of science fiction, mystery and romance, and it contains Rand's most extensive statement of Objectivism in any of her works of fiction. Rand described the theme of Atlas Shrugged as "the role of man's mind in existence".
EgoismEgoism is a philosophy concerned with the role of the self, or , as the motivation and goal of one's own action. Different theories of egoism encompass a range of disparate ideas and can generally be categorized into descriptive or normative forms. That is, they may be interested in either describing that people do act in self-interest or prescribing that they should. Other definitions of egoism may instead emphasise action according to one's will rather than one's self-interest, and furthermore posit that this is a truer sense of egoism.
SelfishnessSelfishness is being concerned excessively or exclusively, for oneself or one's own advantage, pleasure, or welfare, regardless of others. Selfishness is the opposite of altruism or selflessness; and has also been contrasted (as by C. S. Lewis) with self-centeredness. The implications of selfishness have inspired divergent views within religious, philosophical, psychological, economic, and evolutionary contexts.
AltruismAltruism is the principle and practice of concern for the well-being and/or happiness of other humans or animals. While objects of altruistic concern vary, it is an important moral value in many cultures and religions. It may be considered a synonym of selflessness, the opposite of selfishness. The word altruism was popularized (and possibly coined) by the French philosopher Auguste Comte in French, as altruisme, for an antonym of egoism. He derived it from the Italian altrui, which in turn was derived from Latin alteri, meaning "other people" or "somebody else".
Ayn RandAlice O'Connor (born Alisa Zinovyevna Rosenbaum; , 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 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, she achieved fame with her 1943 novel, The Fountainhead. In 1957, Rand published her best-selling work, the novel Atlas Shrugged.