Broggly comments on What is Eliezer Yudkowsky's meta-ethical theory? - Less Wrong Discussion
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I think the difficulty is that in English "You" is used for "A hypothetical person". In German they use the word "Man" which is completely distinct from "Du". It might be easier to parse as "Man shouldRaemon maximize Raemon's preferences, but of course man shouldMatt maximize Matt's preferences."
On the jargon itself, Should_X means "Should, as X would understand it".
"Man" is the generalization of the personal subject. You can translate it with "one".
I think it's better phrased by putting Man in all instances of Raemon.
Also: \ is the escape character on LW, so if you want to type an actual asterisk or underscore (or \ itself), instead of using it for formatting purposes, put a \ in front of it. This way they will not be interpreted as marking lists, italics, or bold.
Hang on, is that Raemon's preferences we're talking about or....