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Value, meaning the significance, importance, or preciousness of a thing, place, or person is based on widely observed and comparable qualities. Such as advantages, uses, efficiencies, worth or perceived merits of existing things or processes.
The term comes from our ability to recognize worth and call some endeavor or activity worthwhile. Further the term suggests our critical capacity to determine the comparable scarcity or abundance of things. The word also implies that different people may discover similar uses or some exceeding interest in persons, life, places, concepts or materials.
The questions associated with comparable commercial value involve a concept in economics called purchasing power parity.
* My formula is based on the "Labor theory of value"
Capital refers to surplus in the sense that tangible and intangible things can accumulate or do not readily deteriorate. This means that material possessions, non-perishable products, financial instruments, technology and techniques, information about significant processes, or investments of time and money are all included by the generalized term capital. Capital in this sense is accumulated wealth .
"Wealth is derived from combining work with available materials."
Parity means roughly similar. Etymology–late 16th cent.: from late Latin paritas, from par ‘equal.’equality, equivalence, uniformity, consistency, correspondence, congruity, levelness, unity, coequality.
Historically there is a general and a specific meaning of parity:
• Generally meaning the value of one currency in terms of another at an established exchange rate.
• Specifically referring to a system of providing farmers with consistent purchasing power by regulating prices of farm products, usually with government price supports.
Nature and human effort are necessary to combine when defining something's worth.
When you put the two material categories together (land or Nature and human effort) the mixture creates something that is worth more than it was in isolation. That is to say without added work to make the raw materials into more useful commodities, unrefined materials are not worth as much as finished goods.
Natural and human resources are combined in order to form a more reliable and accountable measure of wealth. Such refinement of natural materials is what has value to others in society. Finished or refined products have a greater worth than various natural, raw materials because they have more varied uses, do not deteriorate over time or serve significant functions.
Biological axis: X axis means living organisms and their inherent physiological needs
Population axis: Y axis means the quantity or amount of living organisms, their spatial distribution and the age structure of the group of reproducing creatures.
Ecological axis: Z axis means the relations of living organisms to their immediate surroundings; both other living things and the physical distribution of resources.
These three ecological dimensions of existence are derived from the geometrical dimensions of settings, such as rooms, buildings, property lots, or other structures. But in the above case, length, width and depth are replaced by biological elements, population features, or ecological conditions in which living things thrive, persist or go extinct.
Social values are those expressions of value or value laden behaviors such as attitudes, behaviors or mores (and folkways) that a group exhibits, believes in as important, or upholds by means of institutionalized (meaning formalized ways) sanctions, rewards, reinforcements, or shame. All societies and social animals display certain habits, behavioral responses, and group activities that arise from the situation of being among others. Those concepts and ideas that are shared among members of a group relating to worth or significance of others, their possessions, skills and / or products.
The worth of, significance of, or value of something, some person, some place or some intangible as determined by others.
From social and society, meaning:
That means any social value is and not just an expression one's own personal system of judgment. To the extent that others agree on what items, skills, product, or services are desirable, we say social values are shared.
Those things of worth that are common to a larger number of people as necessities or as niceties.
Values as related to value
Dr. Clare W. Graves (December 21, 1914 – January 3, 1986) was a College professor of psychology, who originated a theory of adult human development and deliberately used the term "values" in a model of human conduct corresponding to stages in how the individual interacted with their peers and wider society. He popularized in the 1960s a perspective that . "Value Systems and their Relation to Managerial Controls and Organizational Viability," paper presented before the College of Management Philosophy, The Institute of Management Sciences, 1965. Graves was a professor of psychology at Union College who was a specialist in the theory of human personality as it related to medical and organizational problems.
Students of Grave's contributions have insisted that, "The Spiral Dynamics model of Graves, also referred to as the Emergent Cyclical Levels of Existence Theory (ECLET), provides a profound and elegant system in terms of which human development can be understood (Wilber, 2001). . . . For purposes of clarity, Wilber recommended the use of the word “value system” as proposed by Graves."
See: Maretha Prinsloo,"Consciousness Models in Action: Comparisons," http://integralleadershipreview.com/tag/clare-graves/
A regard for something; as in an item, person, process, or place.
A deserved utility or quality that any action or thing possesses.
A matter of degree to which people assign some significance.
Materialism is the body of knowledge characterized by arguments that sustain beliefs in the importance and definitive power of tangible, physical items, things and tools.
This is a belief that tangible, physical items, things and tools have the capacity to shape what a society values; that is, what any people or an entire culture believes, finds worthwhile, and even empirically thinks about the world. Materialism in referring to materials and matter as objects, stresses that only those real things that can be measured or accounted for exist with any importance to society.
For example, the idea that an ecosystem is the sum of all the physical, chemical and geological preconditions for life to exist reduces all experience to the material, as opposed to the transcendent or spiritual dimensions of existence.
"Conservation or restoration have contributed to economic development."
Edward O. Wilson wrote over two decades ago that "The estimated cost of to make an impact on tropical deforestation over the next five years would be U.S. $8 billion–a large sum but surely the most cost-effective investment available to the world at the present time."
p. 16, Biodiversity, (1988).
A Zero-sum game?
The concept arises from the notion that wealth can be transferred from one material item to another but that the overall stock of wealth is conserved. This means that for one thing to gain in worth, something else must diminish in value equal in amount to the increase in worth of the more valued object.
Last Updated on 10-5-2007 & 6-09-2011.