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:By the way, a [http://www.google.com/search?hl=en&lr=&q=%22objective+theory+of+value%22&btnG=Search Google search on 'objective theory of value'] gives far more pages referring to classical and Marxist views than pages referring to Ayn Rand. How about we call Ayn Rand's theory the Objectiv'''ist''' theory of value, to avoid confusion? -- [[User:Nikodemos|Nikodemos]] 23:36, 17 February 2006 (UTC)
::Well, that is part of the problem. There is no agreement on what to call it; but I think that one cannot call the intrinsic theory both intrinsic and objective without leading to confusion. Besides, intrinsic is a much more accurate name, as the intrinsic theory holds that the value resides ''entirely'' in the item, without regard to the consumer. But this cannot be true, because the same item might be of different value to different people. No matter how much or how little you value an item, this value is ''always'' based on intrinsic properties of the item. People don't just "make up" the value of an item. So it is not entirely subjective either. There is a reason you pick a rock over a nerf ball (sponge ball) to defend yourself! So I believe this theory of value has strong merit to it, and I would disagree with just tucking it away out of sight in the Objectivist page. It is not just some obscure theory. -- [[User:Dullfig|Dullfig]] 00:14, 18 February 2006 (UTC)
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