valuation would be seen as I see it by any person in precisely my place, is merely a tautological way of formally announcing that _I have made the judgment_ and have now a definite object which to me has a certain definite functional meaning. Thus, instead of drawing a distinction between the realms of fact and value, as between what is or can be common to all intelligent beings and what must be unique for each individual one, we must hold that the two realms are coextensive. The socially current object answers to a certain general type of conscious purpose or interest active in the individual and so to a general habit of valuation, and the concrete object to a special determination of this type of purpose with reference to others in the recognized working system of life. The agent's final attitude, on the conclusion of the judgment-process, may be expressed in either sort of judgment--in a judgment of the value of commodity or moral purpose, or in a judgment of concrete fact setting forth the "external" conditions which warrant the purpose to the "energetic" self. Throughout the judgment-process there is a correlation between the movement whereby the socially current object develops into the adapted means and that whereby the socially current type of conduct develops into the defined and valued purpose.[152] At this point, however, a second general objection presents itself. However individual the content of my knowledge of physical fact may be, and however irrelevant, from the logical point of view, to my confidence in its objective validity may be the possibility of sharing it with other persons, nevertheless it refers to an object which is in some sense permanent, and therein differs from my valuations. In economic valuation I reach a definition of a certain commodity and am confirmed in it by all the conditions that enter into my final survey of the situation. But my desire for the new sort of consumption may fail, and so expose my valuation to easy attack from any new desire that may arise; or my supply of the commodity in question may be suddenly increased or diminished, and my valuation of the unit quantity thereby changed. Likewise my ethical valuation may have to be reversed (as Mr. Taylor has insisted) by reason of a change of disposition or particular desire which makes impossible, except in obedience to some other and inclusive valuation, further adherence to it. And these changes take place without any accompanying sense of their doing violence to objective fact or, on the other hand, any judgment of their being in the nature of corrections of previous errors in valuation, and so more closely in accordance with the truth. Moreover, a new valuation, taking the place of an old, does not supplement its predecessor as one set of judgments about a physical object may supplement another, made from a different point of view, but does literally take its place, and this without necessarily condemning it as having been erroneous.