But as far as competitions your interests are no worse than anybody else’s, and you have the primary responsibility for yourself, so it is perfectly ethical to pursue them within the rules.

What is the meaning of look after your own interests even at the expense of others?

In essence, selfishness involves satisfying your own needs at the expense of others. Healthy self-interest is simply taking care of yourself but not at the expense of others. Related to this is the unfortunate notion that it is better to give than to receive.

Is it ethical to act in self-interest?

Ethical egoism is the normative ethical position that moral agents ought to act in their own self-interest. It differs from psychological egoism, which claims that people can only act in their self-interest. Ethical egoism also differs from rational egoism, which holds that it is rational to act in one’s self-interest.

What does it mean to pursue your own interests?

3 to seek or strive to attain (some object, desire, etc.) 4 to follow the precepts of (a plan, policy, etc.) 5 to apply oneself to (one’s studies, hobbies, interests, etc.) 6 to follow persistently or seek to become acquainted with. 7 to continue to discuss or argue (a point, subject, etc.)

What does self-interest mean in ethics?

Self-interest generally refers to a focus on the needs or desires (interests) of one’s self. Most times, actions that display self-interest are often performed without conscious knowing. A number of philosophical, psychological, and economic theories examine the role of self-interest in motivating human action.

Do people always act in their own self-interest?

Every action is always motivated by self-interest — that is the theory of the psychological egoist.