
Value: n. corresponding to a degree of desirability and/or usefulness of a subset(s) as measured by its equivalence in (money and/or ingus) and/or (prestige and/or worth)
Something which is valuable is frequently desirable and has some usefulness. The value of information, goods, and services is frequently measured in money as well as prestigious positions in society.
Utilitarianism is an attempt to translate everything into monetary value but there are still things like morality and good human personality traits which are hard to quantify and they are what can be considered to be intangible assets. Immorality and bad human personality traits can be considered to be intangible liabilities.
A good personal reputation is of great value to society and a business operated by moral humans will usually also have a good reputation which can translate more readily into profit or money.
A properly educated, talented, industrious, thrifty, and moral citizen is a great asset to society but we must recognize that we also have to deal with those who are badly educated, mediocre in talent, lazy, profligate, and relatively immoral. A society which begins rewarding the later unjustly is on its way to decay, self destruction, and bankruptcy.
The one drawback of utilitarianism is that it is sometimes very bad in evaluating the value of long duration assets such as wilderness. It may not be obvious that biodiversity and wilderness is a vital safety net of healthy food when domesticated plants and animals become unhealthy and bad for human consumption.
Wilderness now is not making money for very many humans who are not in the tourist business but that does not mean that it has very little value and can be destroyed and exploited at will. Wilderness will have very great value to future generations which the present generation just simply is not adequately aware of.
The value of something goes up greatly when it is scarce or rare and we simply can’t let society make wilderness so rare that it effectively will no longer exist on this precious planet.
The tragedy is that the value of something is only realized once it is gone or has disappeared. Human death should not be the only source of human grief. The death of wilderness should be grieved for even more!!!
What do we value the most? The things which we spend most of our time, energy, and money on are frequently the things which we value the most. In fact we may also value time, energy, and money so anything in this life can have value to a human. We value what we want, do, and have and also frequently value what others want, do, and have.
At one extreme humans value money and material possessions and at the other extreme monks value mental activity which uses very little money and material possessions. Most of us fall somewhere in between and value money, material possessions, other humans, human behavior, and our beliefs and opinions.
Frequently most of us have our own priorities in life and we spend the most time, energy, and money on the most important priorities in our lives. Some have uncontrolled priorities like compulsive addictions which sidetrack a balanced healthy life and we impulsively value an unhealthy physical and mental existence as long as it lasts.
Some of us value things which we can’t have or probably will never have and spend much time thinking about them and even trying to get them.
Finally the goals which we make in life both conscious and impulsive are an indication of what we value or want in life and we spend much time, energy, and money on trying to achieve those goals.
Ingus: n. information and/or goods and/or services
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