Ethical Egoism is a moral theory that suggests individuals should act in their own self-interest. According to this view, actions are considered morally right if they promote one's own well-being and happiness. This perspective emphasizes personal responsibility and the idea that prioritizing one's own needs can lead to better outcomes for society as a whole. Proponents of Ethical Egoism argue that self-interest can motivate positive actions, such as innovation and productivity. Critics, however, contend that this approach can lead to selfishness and disregard for the welfare of others. The theory contrasts with other ethical frameworks, such as altruism and utilitarianism, which prioritize the needs of others or the greater good.