Normative ethical theories
Consequentialism (Teleology) argues that the morality of an action is contingent on the action’s outcome or result. Some consequentialist theories include:
Utilitarianism, which holds that an action is right if it leads to the most value for the greatest number of people (Maximizes value for all people).
Egoism, the belief that the moral person is the self-interested person, holds that an action is right if it maximizes good for the self.
Situation Ethics, which holds that the correct action to take is the one which creates the most loving result, and that love should always be our goal.
Deontology argues that decisions should be made considering the factors of one’s duties and other’s rights. Some deontological theories include:
Immanuel Kant’s Categorical Imperative, which roots morality in humanity’s rational capacity and asserts certain inviolable moral laws.
The Contractarianism of John Rawls or Thomas Hobbes, which holds that the moral acts are those that we would all agree to if we were unbiased.
Natural rights theories, such that of John Locke which holds that human beings have absolute, natural rights.
Virtue ethics, which was advocated by Aristotle, focuses on the inherent character of a person rather than on the specific actions he or she performs. There has been a significant revival of virtue ethics in the past half-century, through the work of such philosophers as G. E. M. Anscombe, Philippa Foot, and Rosalind Hursthouse.
Intrinsic Value vs. Instrumental Value
A thing is intrinsically good if it is good in itself; if it is good in virtue of its own nature; if it would remain good even if it failed to lead to anything else.
A thing is merely instrumentally good if it is good only for what it leads to; if it is good only “as a means”; if it would no longer be good if it failed to lead to anything else.
Likewise for intrinsic badness and instrumental badness.
