Ethical Egoism A rear assumption is that the needs and happiness of others will always have effects on our moral ethics. If we accept this assumption, we believe that our moral ethics balance our personal interests with those of others. It is true that “what is morally right or wrong depends not only on how it makes us feel, but also on how it affects others.” Each person's idea must pursue their own interest exclusively to do so in their own interest. The length of other people's lives is known as ethical selfishness. In other words, ethical egoism states that: • There are objective moral facts and • An action is morally good if and only if it promotes my personal happiness and it is morally bad if and only if it hinders the action my personal happiness. Besides ethical selfishness, there are • Saving someone's life by risking your own • Donating money • Donating blood, organs, etc. If one wishes to be a psychological egoist, then one must explain why people do certain actions that appear to be genuine acts of altruism.Arguments for Ethical EgoismThe argument that altruism is self-defeating1. We must do whatever promotes the interests of all.2. The interests of others are best defended if each of us adopts a policy aimed at pursuing our own interests3. Thus, each of us should adopt a policy of pursuing our own interests exclusively. Ayn Rand's argument1. We must each consider this unique life which is very important to us, since we each have only one life.2. Only ethical selfishness allows the life of each individual to be of capital importance to him. • Other moral theories all recommend, directly or indirectly, altruism, which is not part of ethical egoism. • Altruism views individual life as something one can be. forced to sacrifice himself for the good of