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
But this stressing of the conscious element of feeling--which as I have
previously shown is a variable element even within the individual
psychology, and has no necessary quantitative relation to the functional
significance, the amount of _motivating power_, of the value--makes it
really impossible for him to resolve the question of how the _strength_ of
a social value is to be determined. He does, indeed, undertake something of
the sort[160] (he is speaking of ethical values), making the quantity of
value depend on "supply and demand," the supply depending on the number of
people willing to supply a given moral act, and the intensity of their
willingness to do it--extension and intention both being recognized. And
demand is similarly determined. The thing seems to be nothing more than an
arithmetical sum of intensities of individual feelings, or, most justly,
individual values. But this leaves us no wiser than before as to the social
_weight_, the social _validity_, of these social values. An infinite deal
would depend, both in the case of supply and demand, on _who_ the
individuals are. A demand for a given act from a poor group of fanatics,
however intense, might count for little, while such a demand coming from a
group with great prestige, with great social _power_, might have a very
great significance. If we are trying to get an objective quantity of social
value, which shall have a definite weight in determining social action--the
function of social values--we are as poorly off as we were with the
Austrian analysis which, in order to get an objective quantity of economic
value out of individual "marginal utilities," has to assume value in the
background as the validating force behind these individual elements. The
error here, as there, comes from an abstraction, from centring attention
upon the conspicuous conscious elements. And it comes in stressing the
structure, the content, of social values, to the exclusion of their
functional _power_. Here is our real problem, if we would determine the
social validity of values. This lurking element of social power remains an
unexplained residuum.
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