Objectivist theory of value: Difference between revisions

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{{Objectivism}}

:''Note: This is not to be confused with theories of economic value, which seek to explain why things have different market prices.''

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), theThe Objectivist theory of value holds the following:

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

:::''see [[Objectivism (metaphysics)|Objectivism]]''