What is value?
The measure of the worth or desirability of something. The foundation of meaning.
Value is the foundation of meaning.
It is the measure of the worth or desirability (positive or negative) of something, and of how well something conforms to its concept or intension. Value formation and value-based reasoning are fundamental to all areas of human endeavor. Theories embody values. The axiom of value is based on “concept fulfillment.”
Most areas of human reasoning require application of multiple theories; resolution of conflicts, uncertainties, competing values, and analysis of trade-offs. For example, questions of guilt or innocence require judgment of far more than logical truth or falsity.
Axiology is the branch of philosophy that studies value and value theory.
Things like honesty, truthfulness, objectiveness, novelty, originality, “progress,” people satisfaction, etc. The word ‘axiology’, derived from two Greek roots ‘axios’ (worth or value) and ‘logos’ (logic or theory), means the theory of value, and concerns the process of understanding values and valuation.