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CAPITALISM'S ACHILLES HEEL Dirty Money and How to

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302 CAPITALISM’S <strong>ACHILLES</strong> <strong>HEEL</strong><br />

UTILITARIANISM<br />

It was Bentham’s search for social justice through jurisprudence that led <strong>to</strong><br />

his philosophical convictions. If law was <strong>to</strong> be simple <strong>and</strong> enforcement repeatable,<br />

then society needed a basis for deciding what was <strong>to</strong> its advantage.<br />

Reading extensively in philosophy, Bentham was struck by David Hume<br />

who had written on the concept of utility, that is, the usefulness of ideas <strong>and</strong><br />

pursuits, <strong>and</strong> by his fellow Englishman Joseph Priestley <strong>and</strong> the Italian Cesare<br />

Beccairia, who had commented on notions of society’s greatest good.<br />

Taking these concepts, Bentham produced his most important work, An Introduction<br />

<strong>to</strong> the Principles of Morals <strong>and</strong> Legislation, published in 1789. In it<br />

he laid out a utilitarian philosophy.<br />

Utilitarianism has several interrelated features. First, it is anchored in<br />

the idea of the greatest happiness for the greatest number. As Bentham<br />

wrote: “The interest of the community then is what?—the sum of the interest<br />

of the several members who compose it.” 2 The function of society is <strong>to</strong><br />

maximize its <strong>to</strong>tal advantages, <strong>and</strong> the gains of individual members are<br />

viewed as contributing fac<strong>to</strong>rs <strong>to</strong> the larger good of the whole. At the time in<br />

aris<strong>to</strong>cratic Engl<strong>and</strong>, the notion of such sweeping social concern was strange<br />

<strong>to</strong> many members of the elite, who frankly felt that the function of lower<br />

ranks was <strong>to</strong> serve the upper class. It was against this tradition that Bentham,<br />

in part, fought.<br />

Second, alternative actions are <strong>to</strong> be appraised on the basis of their<br />

utility. Bentham was concerned with the uses <strong>and</strong> merits of ideas, institutions,<br />

traditions, laws, rights, properties, or other components of community.<br />

Possible actions are <strong>to</strong> be weighed in terms of their anticipated<br />

advantages <strong>and</strong> disadvantages. Choices are <strong>to</strong> be rooted in rationalism.<br />

There is no separate ecclesiastical authority <strong>and</strong>, for that matter, no body<br />

of simple cus<strong>to</strong>ms that can direct choices. Determining utility is within<br />

the powers of the mind of man.<br />

Third <strong>and</strong> derived from the second, it is the consequences of actions<br />

that determine their utility <strong>and</strong> therefore their contributions <strong>to</strong> the greatest<br />

good. No before-the-fact moral stricture is overriding. After-the-fact outcomes<br />

are determinative. Utilitarianism is a form of consequentialism, a philosophy<br />

focused upon projected or actual results, not controlled by some<br />

preconceived set of religious or traditional intuitions.<br />

Fourth, Bentham’s utilitarianism embraces the notion of selective sacri-

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