GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 19 Apr 2019, 09:39

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

Proponents of the theory of social utilitarianism hold that the value

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

 
Senior SC Moderator
User avatar
V
Joined: 14 Nov 2016
Posts: 1319
Location: Malaysia
GMAT ToolKit User
Proponents of the theory of social utilitarianism hold that the value  [#permalink]

Show Tags

New post 09 Apr 2017, 00:43
1
4
00:00
A
B
C
D
E

Difficulty:

  55% (hard)

Question Stats:

62% (02:19) correct 38% (02:33) wrong based on 125 sessions

HideShow timer Statistics

Proponents of the theory of social utilitarianism hold that the value of human capital should bear an inherent relation to its social utility. Although maximizing the value of human capital is both morally defensible and economically praiseworthy, theory of social utilitarianism has severe practical limitations. If the price of labor were to become a measure of social utility and not of scarcity, the labor market would suffer significant distortions that may well reduce, and not increase, the current level of human capital.

The argument proceeds by

(A) Questioning a proposed strategy by showing that, if implemented, such a strategy could compromise the very objectives it is trying to achieve.

(B) Criticizing a course of action by showing that, even of morally defensible, the end result does not always justify the means necessary to achieve it.

(C) Criticizing a strategy by suggesting there is an alternative way of achieving its proposed advantages without risking a number of serious disadvantages.

(D) Conceding that a social policy may have certain ethical advantages that are ultimately outweighed by the impossibility of putting such a policy into effect.

(E) Establishing that undesirable consequences result from adoption of a social policy whose goal is antithetical to the central tenets of a free market economy.

Source : PowerScore

_________________
"Be challenged at EVERY MOMENT."

“Strength doesn’t come from what you can do. It comes from overcoming the things you once thought you couldn’t.”

"Each stage of the journey is crucial to attaining new heights of knowledge."

Rules for posting in verbal forum | Please DO NOT post short answer in your post!

Advanced Search : https://gmatclub.com/forum/advanced-search/
Senior Manager
Senior Manager
avatar
G
Joined: 09 Feb 2015
Posts: 353
Location: India
Concentration: Social Entrepreneurship, General Management
Schools: Booth '21 (D)
GMAT 1: 690 Q49 V34
GMAT 2: 720 Q49 V39
GPA: 2.8
Reviews Badge
Re: Proponents of the theory of social utilitarianism hold that the value  [#permalink]

Show Tags

New post 10 Apr 2017, 01:29
ziyuen wrote:
Proponents of the theory of social utilitarianism hold that the value of human capital should bear an inherent relation to its social utility. Although maximizing the value of human capital is both morally defensible and economically praiseworthy, theory of social utilitarianism has severe practical limitations. If the price of labor were to become a measure of social utility and not of scarcity, the labor market would suffer significant distortions that may well reduce, and not increase, the current level of human capital.

The argument proceeds by

(A) Questioning a proposed strategy by showing that, if implemented, such a strategy could compromise the very objectives it is trying to achieve.
(B) Criticizing a course of action by showing that, even of morally defensible, the end result does not always justify the means necessary to achieve it.
(C) Criticizing a strategy by suggesting there is an alternative way of achieving its proposed advantages without risking a number of serious disadvantages.
(D) Conceding that a social policy may have certain ethical advantages that are ultimately outweighed by the impossibility of putting such a policy into effect.
(E) Establishing that undesirable consequences result from adoption of a social policy whose goal is antithetical to the central tenets of a free market economy.

Source : PowerScore


The central idea in the passage : Human capital should be weighed based on its social utility.
He questions this by pointing that if the price of labour is dependent on social utility then ultimately it is possible that they will not be able to pay.
Instead of increasing the capital there will be a decrease. This is against the very purpose of labour market.
Senior SC Moderator
User avatar
V
Joined: 14 Nov 2016
Posts: 1319
Location: Malaysia
GMAT ToolKit User
Re: Proponents of the theory of social utilitarianism hold that the value  [#permalink]

Show Tags

New post 17 Oct 2017, 06:41
3
hazelnut wrote:
Proponents of the theory of social utilitarianism hold that the value of human capital should bear an inherent relation to its social utility. Although maximizing the value of human capital is both morally defensible and economically praiseworthy, theory of social utilitarianism has severe practical limitations. If the price of labor were to become a measure of social utility and not of scarcity, the labor market would suffer significant distortions that may well reduce, and not increase, the current level of human capital.

The argument proceeds by

(A) Questioning a proposed strategy by showing that, if implemented, such a strategy could compromise the very objectives it is trying to achieve.

(B) Criticizing a course of action by showing that, even of morally defensible, the end result does not always justify the means necessary to achieve it.

(C) Criticizing a strategy by suggesting there is an alternative way of achieving its proposed advantages without risking a number of serious disadvantages.

(D) Conceding that a social policy may have certain ethical advantages that are ultimately outweighed by the impossibility of putting such a policy into effect.

(E) Establishing that undesirable consequences result from adoption of a social policy whose goal is antithetical to the central tenets of a free market economy.

Source : PowerScore


As usual, we begin by analyzing the structure of the problem:

Premise: Proponents of the theory of social utilitarianism hold that the value of human capital should bear an inherent relation to its social utility.

Counterpremise: Although maximizing the value of human capital is both morally defensible and economically praiseworthy,

Premise: If the price of labor were to become a measure of social utility and not of scarcity, the labor market would suffer significant distortions that may well reduce, and not increase, the current level of human capital.

Conclusion: The theory of social utilitarianism has severe practical limitations.

The argument begins with the classic device, “Proponents...hold that...” As expected, the author argues that the beliefs of these individuals are incorrect, although not before first offering up a counter-premise that does not undermine his argument. The last half of the argument is an example that supports the conclusion. Although the argument is challenging to understand, the conclusion seems reasonable.

Answer choice (A): This is the correct answer. Social utilitarianism is a theory (or strategy), and the author uses an example to show that if it were implemented, there could be adverse results.

Answer choice (B): This is a Half Right, Half Wrong answer. The argument does criticize a course of action. But, the argument does not use an “ends do not justify the means” approach in doing so.

Answer choice (C): The author does not suggest any alternatives, and thus this answer can be ruled out immediately.

Answer choice (D): The author makes no concessions, just criticisms, and so this answer is incorrect.

Answer choice (E): There is no indication that the author believes that social utilitarianism is antithetical to the central tenets of the free market, just that if implemented, social utilitarianism could result in negative consequences.
_________________
"Be challenged at EVERY MOMENT."

“Strength doesn’t come from what you can do. It comes from overcoming the things you once thought you couldn’t.”

"Each stage of the journey is crucial to attaining new heights of knowledge."

Rules for posting in verbal forum | Please DO NOT post short answer in your post!

Advanced Search : https://gmatclub.com/forum/advanced-search/
Non-Human User
User avatar
Joined: 01 Oct 2013
Posts: 4081
Re: Proponents of the theory of social utilitarianism hold that the value  [#permalink]

Show Tags

New post 24 Mar 2019, 07:31
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
_________________
GMAT Club Bot
Re: Proponents of the theory of social utilitarianism hold that the value   [#permalink] 24 Mar 2019, 07:31
Display posts from previous: Sort by

Proponents of the theory of social utilitarianism hold that the value

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


Copyright

GMAT Club MBA Forum Home| About| Terms and Conditions and Privacy Policy| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.