That each individual seeks their own greatest happiness... maybe... that each individual KNOWS their own greatest happiness... maybe not... that they get so caught up in their immediate happiness, like a child and candy, that they fail to see the bigger picture... look at the size of their fannies...
Utilitarianism
That society seeks to create the most happiness for the greatest amount of people... maybe... that they make harmful actions to others or society painful so they are not pursued... definitely... that in zealous pursuit of immediate happiness society fails to see the bigger picture... look at the size of Fanny and Freddie Mac...
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