Abstract

Suppose we morally ought to maximise social welfare. Suppose profit maximisation is a means to maximise social welfare. Does this imply that we morally ought to maximise profits? Many proponents of the view that we have a moral obligation to maximise profits (tacitly) assume the validity of this argument. In this paper, we critically assess this assumption. We show that the validity of this argument is far from trivial and requires a careful argumentative defence.