The philosophy of utilitarianism underlies the economic tenets of:

Question

Quizplus · Accepted Answer

The philosophy of utilitarianism, which strives to maximize overall happiness or pleasure, aligns with the economic principles of capitalism, which prioritize individual self-interest and the efficient allocation of resources to maximize overall economic prosperity. Utilitarianism does not necessarily align with the collective ideology of communism, the moral idealism of which prioritizes social equality and the greater good over individual gain.

The Philosophy of Utilitarianism Underlies the Economic Tenets Of