Is Utilitarianism Too High for Humanity Essay

Introduction This essay supports the statement “The price of diamonds is too high”. Diamonds have always been presumed to be rare. They have been present in history as a symbol of wealth and luxury as they were so difficult to find. Nowadays diamonds are mined and are found all over the world but they are sold through a cartel. (Epstein 1982) A cartel limits the supply of a product in order to keep prices high and to limit competition. (South African Pocket Oxford Dictionary: 2002) This raises the…

through their agents. Athletes’ salaries aren’t from their owners, but they come from other sources (“Athletes’ Salary”). Athletes get paid an extremely high salary for the work they do, and should consider the value of their work. They do not deserve the extreme amount they get paid and something should by done about it. One issue that these high salaries cause is that having all this money spoils the athletes. Athletes buy so much unnecessary stuff after they get their money. For example, Michael…

nobody knows since when or how long, this place has become a safe chamber that stores the secret stories and dark corners into the souls of “abnormal” people. The hospital is separated with the world outside by a closed, concrete wall. It is not too high, just about two meters. Unlike other hospitals in Vietnam, whose gates are usually covered by sharp iron bars or broken glass on the top to prevent patients from decamping, the wall in this hospital is flat and smooth. Getting off from this partition…

Are Prescription Drug Prices too High? You walk into the doctor one day and your world comes crashing down when you hear the bad news. You are diagnosed with a serious, life threatening disease that will need to be treated by expensive prescription drugs. You have a family of four and now unimaginable monthly bills to pay. Expensive prescription drug prices are a huge problem in America. Because of this many people have to make life threatening decisions, that no one should ever have to make…

The Price of Diamonds Is Too High For centuries the diamond has fascinated man for its alluring sparkle and physical hardness. Formed about three billion years ago, the diamond may very well be the oldest and most precious item any person can own. The internationally accepted notion that this commodity is one of the most treasurable commodity of them all has led to the public being prepared to pay the prices that are set by a group of companies in an agreement known as a cartel. This essay will…

“THE PRICE OF DIAMONDS IS TOO HIGH” For more than a century the diamond industry has flourished beyond expectations. The diamond has grown from a small yet rare gem stone to that of a rather large and powerful symbol of wealth. The industry has been controlled by one major corporation, De Beers. De beers along with the cartel it set up has built an industry that will last forever. (Spar, 2006) This paper will analyse the diamond industry, paying specific attention to the cartel, how it operates;…

“The price of diamonds is too high” This essay discusses the statement “the price of diamonds is too high”; it will analyze the diamond cartel and its history in order to determine the validity of this statement. Various microeconomic theories will be discussed and explained, all of which are involved in the diamond cartel. The Oxford Dictionary defines a cartel as “an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition”…

Too High for Humanity This paper will evaluate the merits of the argument “Too high for humanity” against the validity the theory Utilitarianism. More specifically we will introduce the argument, Milner’s responses to the argument then analyze the arguments’ structure, validity and soundness. The argument “Too high for humanity” is the notion that: if being morally right only exists when people maximize pleasure to society, then it is something that humans are not capable of. To clarify, this is…

Statement: “The price of diamonds is too high.” The diamond cartel is the most successful and long-lasting cartel in history. The cartel created a scarcity for diamond and stabilized the prices at a high level. This essay will be discussing the validity of the statement with reference to the market of the diamond industry, history of the diamond cartel, how the price of diamonds is determined, and the implications thereof. “A cartel is a group of firms acting together…to limit output, raise prices…

explore the humanities and the effects and developments that the humanities of the Early, High and Late Middle ages had on society. We have made some very interesting findings and come up with some intriguing conclusions. The findings are most definitely in condensed form for the simplicity of our assignment, although if given an unbridled word count, surely we would demonstrate volumes of text form such interesting periods. The Early Middle Ages Before we can talk about humanities, we must…