Well, yes, the Harvard people would say that's true. For example, see John Kenneth Galbraith or John Rawls on the theory of a Social Welfare Function.
What is wrong with you?/s
My bad....I forgot....got to have a Harvard eduction and drink Latte’s for $7.50 ea. in order to understand that social welfare functions brilliantly in the Land of Utopian Warm Fuzzy. /s