Social Value: A Study in Economic Theory, Critical and ConstructiveAnderson, Benjamin M. (Benjamin McAlester)
General
Social Value: A Study in Economic Theory, Critical and Constructive
Anderson, Benjamin M. (Benjamin McAlester)
Value
And our theory carries us even further than Professor Urban cares to go
here. Naive and unreflecting experience is perfectly justified in treating
these objective values as qualities of the objects themselves. To the
individual man, an objective value, say the value of an economic good, _is_
as a rule, a quality almost wholly independent of his personal subjective
feelings or point of view. The average man, "by taking thought," can no
more affect the value of wheat or corn or other big staple than he can "add
a cubit to his stature." For the great mass of men, and the great mass of
commodities, this holds true. The individual finds the world of economic
values a part of the brute universe, like the force of gravity, or the
weather, or the law against murder--less invariable than the force of
gravity, and less variable, as a rule, than the weather--to which he must
adapt his individual economy. He is not wholly impotent to change this
world of economic values, nor is he wholly without influence on the balance
of cosmic forces. And, if possessed of enough social _power_ (which we
shall find to constitute the essence of these social values) he may
substantially modify the action of the law against murder, or the values of
those commodities about which the rich may be capricious; or even, if
intelligent in the use of his power, he may undertake a successful "bull"
campaign, and force up the value of wheat or cotton. But even in such
cases, he deals with objective facts,--which often, in the midst of a bull
campaign, behave in a most surprising and disconcerting manner![145] The
existence of external constraining and directive forces are matters of
every day experience. Laws, moral values, social constraints of a thousand
subtle and obvious kinds, are facts so well known that education has made
it its central task to teach the individual how to adjust himself to them.
They have been described and elaborated in innumerable books.[146] _That_
they exist is certain. Their origin, nature and function we shall study in
what is to follow.
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