Week 3 Case Study Paper – Honest Tea
Answer the following questions based on this week’s reading.
Honest Tea
I. In this case study, two kinds of drink manufacturers are contrasted: Honest Tea and the hypothetical drink company run by some mercenary businessman lacing drinks with bad chemicals to maximize profits. Looking at this contrast, how could a defender of egoism claim that the best way for healthy drinks to make their way into the general public’s hands (in the medium- and long-term, anyway) is for Goldman and the mercenary businessman and everyone else to all be egoists?
II. Assume that Seth Goldman is a cause egoist—someone faking concern for the general welfare in order to provide for his own happiness and pleasure. How could the concept of the invisible hand be introduced to make the claim that Goldman is actually doing more good for the general welfare than he would if he were a utilitarian or even an altruist?
Your business
I. If your business is like most others, you are going to need some money to get it up and going, more money than you have right now. That means you’ll need to find a partner for your venture, someone to help you get the cash together and then run things afterward. Would you prefer a utilitarian, an altruist, or an egoist for your partner? Why?
II. Do you think the invisible hand would be in effect for your business? Just by trying to make money, do you imagine you would end up improving people’s lives? If this business works, is it even possible that you would help others more than you would by volunteering time for a charity organization? Elaborate.
Instructions:
- 400 words of unique analysis using properly placed headings and bullet points to organize the paper
- Submit as a word document.
- Use APA Style citation.
- Consider the CRA method (see # 7) when completing this assignment.
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