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Abstract

Although ethics and axiology are closely related to each other and sometimes overlap, they are normally still considered two separate subareas of philosophy. However, in utilitarianism, since the principle of utility asserts that the ultimate criterion for morality is maximal utility, the essence of utilitarianism finally reduces to the maximization of aggregate or social utility, which, as I interpret it, is a function of values. Furthermore, in the unified utilitarian theory, “good” is used to describe what has a positive value. Therefore value theory is not only related to moral philosophy, but also becomes the basis of moral judgments.

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Notes

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  33. Ibid.

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  36. See Note 3.

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  38. See Note 1, p. 21.

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© 1991 Springer Science+Business Media Dordrecht

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Sheng, C.L. (1991). A Theory of Value. In: A New Approach to Utilitarianism. Theory and Decision Library, vol 5. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-3192-6_4

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  • DOI: https://doi.org/10.1007/978-94-011-3192-6_4

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