Objectivist theory of value: Difference between revisions

Revision as of 00:39, 30 April 2006

Revision as of 02:30, 6 July 2006

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{{Objectivism}}

The '''Objectivist theory of Value''', as proposed by [[Ayn Rand]], explains the [[worth]] of goods and services as a relationship between [[intrinsic]], [[observable]] attributes in nature, [[human]] [[knowledge]] of such attributes, and how such attributes can satisfy the [[subjective]] needs of humans. In contrast with [[Subjective theory of value|subjective theories of value]] and the [[Intrinsic theory of vaule|intrinsic theories of value]] (also called ''objective'' theories, a term that Ayn Rand wanted to use for her own theory), the Objectivist theory of value holds the following:

*'''Reality exists independently of perception:'''

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==External links==

*[http://www.aynrand.org The Ayn Rand Institute] homepage

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[[Category:Philosophy]]

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[[Category:Economic theories]]

[[Category:Objectivism]]

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