Topic > Ethical Business Case Study - 1111

A utilitarian is a person who believes that if an action produces more good than harm, then that action is morally correct. Shkreli believes that if the price of Daraprim increases, Turing Pharmaceuticals will make a more profitable profit and therefore be able to spend more money on research to help develop more drugs in the future. However, there are two types of utilitarianism. There is act utilitarianism and rule utilitarianism. Action utilitarianism believes that any action that produces more good than harm is the moral thing to do. While rule utilitarianism believes that any action that does not break the law and does more good than harm is the moral thing to do. Shkreli can also justify himself using the theory of deontologists. Just like utilitarianism, there are two types of deontology. These two types are called deontology of acts and rules. Act Deontology believes that every decision should be made on the premise of not breaking the three perfect duties. The three perfect duties are: never kill, never lie, and never break a promise. Shkreli can justify his decision by saying he didn't kill anyone, he never lied, nor did he break a promise by raising the price of