Unfortunately for ethical egoism, the claim that we will all be better off if every one of us does what is in his or her own interest is incorrect. This is shown by what are known as "prisoner's dilemma" situations, which are playing an increasingly important role in discussions of ethical theory... At least on the collective level, therefore, egoism is self-defeating - a conclusion well brought out by Parfit in his aforementioned Reasons and Persons.
Peter SingerWhen the death of a disabled infant will lead to the birth of another infant with better prospects of a happy life, the total amount of happiness will be greater if the disabled infant is killed. The loss of happy life for the first infant is outweighed by the gain of happier life for the second. Therefore, if killing the hemophiliac infant has no adverse effect on others, it would, according to the total view, be right to kill him.
Peter SingerKilling a defective infant is not morally equivalent to killing a person. Sometimes it is not wrong at all.
Peter SingerWe ought to consider the interests of animals because they have interests and it is unjustifiable to exclude them from the sphere of moral concern; to make this consideration depend on beneficial consequences for human beings is to accept the implication that the interests of animals do not warrant consideration for their own sakes.
Peter Singer