“Value” is a term that may be used in a number of ways. It may be used to describe the degree to which we esteem something or regard that thing highly or favorably (as in “We value your
friendship,” “She sees great value in earning a biotechnology degree,” “He owns several
highly valued works of art,” and “What kind of value can be placed on good
health?”). It may also be used to describe a quality of something that renders that thing desirable or admirable (as in “That car is a good value for the money,”
“Previous experience will be of great value to you if you decide to apply for
the position,” and “There’s a real value in becoming a fully qualified
instructor”). It may also be used to describe an ideal or criterion of the merit
or worth of something (as in “Our values include reliability, honesty, and
integrity,” and “Working with a very low budget can make it more difficult to
produce a film with high production values”). It may also be used to describe a
quantity or number representing the magnitude of something (as in “The value of
the function y = x3 for x = 3 is 27”).
Values may serve as markers of our admiration
or esteem for various things. They may also be ranked or prioritized in order
to reflect the relative importance of our interests and concerns, depending on the situation and the (moral, aesthetic, social, or
historical) context.
Values may also serve as rules or standards
for our conduct. They may act as guiding principles for our intuitions, reasoning,
judgments, and actions. We may in some cases feel that we must live up to, and act in accordance with, our values in order to comply with given principles of
duty. We may also in such cases be contented and happy with ourselves (and with
our own feelings, emotions, attitudes, judgments, and actions) if we do indeed act in accordance with, and remain faithful to, our own values.
We may express, articulate, and exemplify many
kinds of values in our feelings, attitudes, judgments, and conduct. These kinds of values
may be not only moral, but also aesthetic, religious, philosophical, economic, and sociocultural.
If we ask ourselves to define our own personal
values, then we may also be asking ourselves to name those things that we most
value and consider most important. Some common (and perhaps very conventional) responses
to the question of what might be the most important qualities or ideals to value include: unselfish
service to others, personal commitment to others, personal growth, personal
freedom, financial success, financial independence, professional advancement,
intellectual stimulation, physical health and fitness, stable personal
relationships, satisfying love relationships, avoidance of stress, and
avoidance of interpersonal conflicts.
Moral values may be principles or ideals
revealed by intuition, reasoning, feeling, judgment, and conduct. They may
include truthfulness, honesty, sincerity, trustworthiness, love, commitment, forgiveness,
compassion, and humility.
Aesthetic values may be formal,
non-formal (content-related), creative, and/or interpretive in nature, and they
may include such ideals as beauty, sublimity, eloquence,
originality, expressiveness, insightfulness, spontaneity, harmony, unity, and
structural integrity.
Social values may include such standards or ideals as freedom of expression, freedom of speech, equal civil and legal rights, equal
opportunity for political participation, equal protection under the law, compliance
with the rule of law, fairness, justice, protection of human rights, concern
for the common good, eradication of disease and poverty, mutual respect and
tolerance, and promotion of social harmony and well-being.
Cultural values may include family
values, social class values, peer group values, ethnic group values, religious
values, institutional values, corporate values, political party values, and
national values.
Cross-cultural values (those shared
by individuals from diverse cultural backgrounds) may transcend cultural
differences, and may establish a foundation for intercultural
understanding and cooperation.
Value bearers may include such things as objects, properties, modes (or tropes), relations, acts,
aims, purposes, functions, methods, and procedures. Many kinds of things may therefore have value or be valued.
Objects that
may be valued include natural or artificial objects, concrete or abstract objects,
and real or imaginary objects. Examples of abstract objects that may be valued include ideas, theories, and concepts. Examples of imaginary objects that may be valued include imaginary situations, imagined states of mind, fictional
stories, and imaginary worlds.
Many kinds of value may belong to an
object and may contribute to the value of that object (e.g. an object’s
moral value may contribute to its aesthetic value, and its social value may
contribute to its cultural value).
Value theory may be explored and
investigated by such disciplines as ethics, aesthetics, political philosophy, (moral,
political, social, and cognitive) psychology, sociology, and economics.
Value theory is normative insofar as it is
concerned with what things we should value and with why and how we
should value those things. It is also normative insofar as it is concerned with the
kinds of value that are appropriate to assign to things.
Value theory is metanormative
insofar as it is concerned with the nature of value and with the intuitive and cognitive processes
involved in making value judgments.1
Value theory is descriptive insofar as it is describes methods of valuing things and ways in which things may be
valued. It is also descriptive insofar as it describes the
attributes that may give value to things. It is also descriptive insofar as it
describes the relations between different kinds of value(s), and the relations between
different ways of valuing things.
Value theory is comparative insofar
as it is compares the values of things and the ways or methods of valuing things.
Values may be intrinsic or extrinsic, formal or non-formal, material or
non-material, essential or non-essential, abstract or concrete, theoretical or
practical. Values may also be relational or non-relational, structural or non-structural, natural or conventional, individual or collective, relative or absolute, real or ideal.
Some things may have both intrinsic
and extrinsic (instrumental) value, formal and non-formal (content-related) value, material and non-material value, and so on.
Value intrinsicalism may emphasize the importance of intrinsic value, while value extrinsicalism may emphasize the importance of extrinsic value. Similarly, value formalism may emphasize the importance of formal value, while value non-formalism may emphasize the importance of non-formal value.
The term “epistemic value” may
be used in a number of ways. It may be used to describe the truth-value of a proposition (e.g. true propositions have a truth-value of “true,” while false propositions have a truth-value of
“false”). It may also be used to describe the value of knowledge as opposed to
the value of mere true belief, on the assumption that knowledge has a greater
epistemic value than mere true belief, because of the objective certainty of
knowledge as opposed to the objective uncertainty of mere true belief. It may
also be used to describe the value of knowing the truth of a given proposition
or set of propositions. It may also be used to describe the degree to which
belief in the truth of a given proposition provides knowledge of the truth of
that proposition. Thus, there may be several kinds of epistemic value.
If some true propositions are truer
than others, then some true propositions may have greater truth-value than others. However, if all true propositions are equally true, then
all true propositions may have the same truth-value.
Linda Zagzebski (2004) raises the
question of whether a false belief may be epistemically valuable if it arises
from an intellectually virtuous performance on the part of the believer, even
though that performance has produced a false belief. However, she notes that if
the epistemic value of a belief is considered to be derived solely from the
truth of that belief, then we are still left to solve the problem of where the epistemic
value of a false belief can come from.2 Zagzebski describes
epistemic value monism as the theory that the truth of a belief, or of knowledge, is the only source
of its epistemic value. Epistemic value pluralism is the theory that the
epistemic value of a belief, or of knowledge, may be derived from sources other
than truth.
Thomas A. Schwandt (2007) explains
that epistemic values may include not only truth, but also objectivity,
consistency, testability, and reliability, and that epistemic values may be
distinguished from non-epistemic values (such as moral, aesthetic, and social
values).3
Value judgments may include moral,
aesthetic, social, and other kinds of judgments. They may be based on the intrinsic
merit or lack of merit of something, or on the formal, material, theoretical,
or practical consequence of something.
Value systems may be moral,
aesthetic, religious, or sociocultural in nature. They may belong to
individuals, groups, and/or whole societies.
Conflicts between groups having differing value systems may sometimes be bitter, violent, and intractable. Political and ideological conflicts may sometimes be based on conflicts of values. Solutions to such conflicts may depend in part on whether the opposing groups persist in, or refrain from, attempting to impose their
value systems on each other.
An individual’s personal values may
be shaped by her personality traits, personal experiences,
personal relationships, upbringing, family background, friends, teachers, educational
background, professional background, religious background, social background,
and exposure to individuals of other ethnic, religious, and cultural
backgrounds.
Personal value systems may include
personal, group, community, and societal values, and they may reflect personal,
group, community, and societal perceptions.
Group value systems may allow for
some differences among the value systems of members of a given group, as long as the value systems of those members are compatible with the group's value system. If the value systems of some members begin to deviate significantly from, or become incompatible with, a group's value system, then the group may have several options: (1) it may simply ignore the deviant members, (2) it may attempt to marginalize them, while still recognizing them as group members (although in name only), (3) it may attempt to persuade them to conform more closely to the group's value system, (4) it may attempt to accommodate them by adapting or modifying the group's value system, or (5) it may attempt to reaffirm the group's value system by disciplining the deviant members or terminating their group membership. In some cases, a group may have to choose between retaining its (moral, religious, political, or social) identity and retaining the membership of deviant members; the expulsion of those members may be the only way for it to preserve its identity, principles, and integrity. In other cases, the attempt to reaffirm group values by disciplining or expelling deviant members may be merely an exercise in reiteration of a value system whose logical and moral justification has not been clearly and thoroughly reflected upon.
Value systems may vary in their
degree of coherence, consistency, uniformity, cohesiveness, flexibility, and
adaptability to various situations. They may or may not overlap, and they may or
may not be comparable to, or commensurable with, one another. Commensurable
systems may be measurable by the same standard, while incommensurable systems
may not.
Mathematical values may include arithmetic, algebraic, geometric, and other kinds of values.
Numerical values may be arranged in
increasing or decreasing order so that the higher or lower the value, the
higher or lower its position in the order. Numerical values may also be
placed in random order, so that the highness or lowness of a given value has no
effect on its position in the order.
Economic values may include monetary, commercial, financial, and market values.
To what kinds of things or entities
is it appropriate (or inappropriate) to assign a monetary value? What kinds of
entities cannot rightly be bought or sold? Michael Walzer (1983) says there are
some things that money can’t buy or shouldn’t be able to buy, and he proposes
the following list of entities that shouldn’t be for sale: (1) human beings,
(2) political power and influence, (3) justice, (4) freedom of speech, press,
religion, and assembly, (5) marriage rights, (6) the right to emigrate, (7)
exemptions from community imposed service, such as exemptions from military
service and jury duty, (8) election or appointment to political office, (9)
basic welfare services, such as public education, police protection, and other
basic services, (10) minimum welfare standards, such as minimum wage laws, basic
health standards, and safety regulations, (11) prizes and honors of various sorts,
(12) divine grace (through the sale of indulgences), (13) love and
friendship, and (14) products that are illegal to produce, buy, or sell, such
as unsafe or dangerous products, stolen goods, and fraudulently marketed
products.4
To this list of entities that
shouldn’t be for sale may be added such entities as human life, human tissue,
and human organs.
Our moral, aesthetic, religious, and
social values may enable us to define ourselves, and our freedom to define our values
may also be our freedom to define ourselves as human beings.
Our values may to some extent be
instilled or inculcated by others or may be informed and influenced by others
(such as parents, friends, teachers, and those whom we view as role models),
but we may also adopt our own values, based on our own preferences, desires,
attitudes, and experiences.
The value of a particular object for
a person may in some cases be determined by that person’s preference for that object
as opposed to other objects, and it may also in some cases be determined by a negotiation or
bargaining process between that person and other persons or groups, through a
sale, auction, lottery, or other market mechanism. In other cases, the value of
an object may be arbitrarily determined by producers and sellers, or it may be
determined by fixed pricing, or it may be determined by price controls on the part
of government regulatory authorities. In still other cases, the value of an object may simply be
determined by the current price of that object; the value of the object for a person
(group, community, or society) may be the same as what it currently costs to
buy the object or the same as what it currently costs to produce and sell the
object. The value of any particular object, however, may never be completely or
permanently fixed and stable.
Precise estimations of the value of
an object may not always be possible. Some objects may have an easily discoverable
and determinable value, while others may not. Some objects may have a well-known
and commonly acknowledged value, while others may not. Some objects may be
worthless, while others may be of extraordinary or amazing value. Some objects
may transcend valuation and be invaluable or beyond value.
Valuation of an object may be performed
with varying degrees of care, thoroughness, accuracy, and consistency, depending
on the circumstances and the needs, interests, aptitudes, disposition, and
knowledge of the person or group performing the valuation. Analytical skills as
well as careful examination and practical experience may be necessary in order
to perform accurate and reliable valuation of various objects, relations,
properties, and modes (or ways of being).
FOOTNOTES
1William K. Frankena, “Value and Valuation,” in The Encyclopedia of Philosophy, edited
by Paul Edwards, Volume 8 (New York: MacMillan Publishing Co., 1967), p. 231.
2Linda Zagzebski, “Epistemic Value Monism,” in Ernest Sosa: And His Critics, edited by
John Greco (Blackwell Publishing Ltd., 2004), p. 193.
3Thomas A. Schwandt, The SAGE Dictionary of Qualitative Inquiry, Third Edition (Thousand
Oaks: Sage Publications, Inc., 2007), p. 10.
4Michael Walzer, Spheres of Justice: A Defense of Pluralism and Equality (Basic
Books, 1983), pp. 11-103