![]() ![]() Any free-market exchange maximises utility because both parties as rational individuals seek to maximise their individual utility through their actions, and thus is increasingly condoned. Under the notion of an objective system of morality that can be universalised in any context, utilitarian principles (in their purest Benthamite form) now underpin our perception of right and wrong. Having discernibly shifted from a market economy to a market society, almost everything now can and should be commodified. Markets are the new morality.įree market exchange justified by utilitarianism has subtly but incontrovertibly become the ethical basis behind our society. Northeastern University London Essay Competition 2018 First Prize winnerĮthics is dead. ![]() What is Utilitarianism? Can it be defended? ![]()
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