"A debtor who cannot pay me offers to compound for his debt by making
over one of sundry things he possesses--a diamond ornament, a silver
vase, a picture, a carriage. Other questions being set aside I assert
it to be my pecuniary interest to choose the most valuable of these,
but I cannot say which is the most valuable. Does the proposition that
it is my pecuniary interest to choose the most valuable, therefore,
become doubtful? Must I not choose as well as I can, and if I choose
wrongly must I give up my ground of choice? Must I infer that in
matters of business I may not act on the principle that, other things
equal, the more profitable transaction is to be preferred, because, in
many cases, I cannot say which is the more profitable, and have often
chosen the less profitable? Because I believe that of many dangerous
courses I ought to take the least dangerous, do I make 'the fundamental
assumption' that courses can be arranged according to a scale of
dangerousness, and must I abandon my belief if I cannot so arrange
them? If I am not by consistency bound to do this, then I am no more by
consistency bound to give up the principle that the greatest surplus
of pleasures over pains should be the end of action, because the
'commensurability of pleasures and pains' cannot be asserted."
At the close of his chapters on empirical hedonism, Mr. Sidgwick
himself says he does "not think that the common experience of mankind,
impartially examined, really sustains the view that Egoistic Hedonism
is necessarily suicidal;" adding, however, that the "uncertainty of
hedonistic calculation cannot be denied to have great weight." But here
the fundamental assumption of hedonism, that happiness is the end of
action, is still supposed to involve the assumption that "feelings can
be arranged in a certain scale of desirability." This we have seen it
does not: its fundamental assumption is in no degree invalidated by
proof that such arrangement of them is impracticable.
Public-domain text, read in full here on John Shaqi.
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