Essay on Jeremy Bentham Biography

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Name: Professor: Class: Business Ethics March 30, Jeremy Bentham Short Biography The famous philosopher and political annalist Jeremy Bentham was born into a family of attorneys, eventually following into their footsteps and studying law. While he never pursued his learned trade, he focused his interest onto analyzing and reconstructing English law. This passion allowed him to simplify the existing laws reducing them to a simple cause and effect theory. The utilitarian model was later used as a baseline to change and develop new measures by the judicial as well as the business sector. “Jeremy Bentham was born into a family of lawyers on February 15th 1784 in Houndsditch, London” (Jeremy Bentham Facts ). The …show more content…
DeGeorge quotes Jeremy Bentham definition of Utilitarianism as followed: “Utilitarianism is an ethical theory that holds that an action is right if it produces, or if it tends to produce, the greatest amount of good for the greatest number of people affected by the action. Otherwise the action is wrong. “(DeGeorge 44) This principal is based on factual thinking while excluding personal feelings, values and morals in the process of problems solving. The goal of this theory is to calculate the best possible outcome for the largest volume of people. According to Jeremy Bentham the action in itself has no properties, only the final outcome will determine its positive or negative properties. The judicial sector took Bentham`s suggestions as a guideline to develop new ways of measuring what is just. The business world has translated this principal into the cost-benefit analysis where facts are used to calculate the best outcome for an action. Companies are using this principal to determine costs and benefits of future endeavors. Jeremy Bentham’s life work has consisted mainly of analyzing, developing and writing of philosophical concepts. Nevertheless, his utilitarian theory is still used today to determine if an action is justified. During the last decades, the greatest happiness principle has become a guideline for society to measures the validity of action. Further, the business world has transferred his idea

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