Utilitarianism Utilitarianism can be split in three components, i.e. consequentialism, welfarism, and sum-ranking. Explain each one of these theses. Consider now the relationship between consequentalism and welfarism. Construct a “mini-theory” that employs consequentialism but rejects welfarism or a theory that rejects consequentialism but employs welfarism. Compare it with classical utilitarianism. On your view, which of the two options is more appealing? Explain your answer. In chapter 3, Sen mentions three limitations of the utilitarian perspective. Discuss one of them.