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American Economy - Term Paper Example

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How often do we see superpowers and other developed economies put pressure on weaker countries to comply with what they think is right. They do not give any thought or consideration to the fact whether what they think is right in their culture may not be so worthwhile in other culture…
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American Economy
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Download file to see previous pages There are various ethical frameworks promulgated over the year. These different frameworks can be used as tools to determine which action is right and which is wrong. There are various ethical frameworks and models such as Unitarianism, Justice and Deontology.
Utilitarianism framework ask that those actions are considered as right which render more good to the society, and benefits accrued from them are higher than cost of those actions. Many laws and restrictions imposed by the USA and other super powers are for their own benefits. The benefit is directly accrued to them, whereas the costs have to be borne by the entire society. This means that their actions cannot be justified and are ethically wrong. For example, the current ongoing war on terrorism is one example. The USA started the war after it became a victim of terrorism. It waged war against Afghanistan first, and then went out on hunt in Iraq. However, these actions yielded nothing. Osama was not to be found and he wasn't. However, the war on terrorism killed thousands of innocent people, destroyed millions of dollars worth of infrastructure and started the stream of terrorist attacks all around the world. It can be safely concluded that this war did more damage and was futile. ...Download file to see next pagesRead More
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