Professional Documents
Culture Documents
1) Introduction
2) Understanding Distinction between Individual well-being and
societal well-being
3) Best for an Individual Is Not Necessarily Best for Society In
a. Philosophical perspective
i. Individual actions or choices may not always
contribute positively to society
ii. Example: "Tragedy of the Commons" by Garret Hardin showing
depletion of shared resources by individuals acting in their self-
interests
b. Ethical consideration
i. Normative suggests consideration of societal impact as
part of ethical responsibilities
1. Example: Tax evasion may maximize individuals
wealth but have negative consequences on the
society
2. Immanuel Kant’s Ethical Theory
c. Political realm
COSMOS MULTAN 03045500009
BOOKS
1) "Justice: What's the Right Thing to Do?" by Michael J. Sandel
2) "The Social Contract" by "The Social Contract"
3) The Spirit Level: Why Greater Equality Makes Societies Stronger" by Richard Wilkinson,
Kate Pickett
4) "Capital in the Twenty-First Century" by Thomas Piketty