economy

What is value? Economic aspect

What is value? Economic aspect
What is value? Economic aspect

Video: Ethics & Economics | How & How NOT to Do Economics with Robert Skidelsky 2024, May

Video: Ethics & Economics | How & How NOT to Do Economics with Robert Skidelsky 2024, May
Anonim

We all shop in stores. We purchase goods necessary for home, everyday life or just trinkets. It so happens that goods of different quality fall into the hands - food, clothing, household items. Unfortunately, conflicts in stores are not uncommon when, after selling and paying money, it turns out that something is wrong with the purchase: we, of course, may require examination, but these are long and painstaking bureaucratic worries that take a lot of time and effort. It’s easier to understand what the value of the purchased item is and try to exchange it for some equivalent. But first you need to understand what value is, of course, in economic terms.

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First of all, we are talking about the financial equivalent of various types of things, items or services. Let's say a toy crane has the same value as a remote-controlled machine and a darts kit. But there may also be a symbolic equivalent when the service provided is equivalent to another service provided in exchange for the first. Moreover, it doesn’t matter who is the winner as a result of such a deal - in any case, each of the participants in such a “changer” determines its own cost of the services provided.

Two conclusions follow from this. The first - the answer to the question of what value is, lies in the plane of individual assessments. Of course, it is more realistic to proceed from the principles of financial value. But then we are talking about the capitalization of a given item or service. And here, value is just a monetary equivalent. The second - the concept of "value" lies in the field of comparison with the third subject. In this case, there is an understanding of the importance of the results, but not of the objects of economic exchange. It should also be clarified that the economic exchange itself can be carried out both at the individual level, and at the level of individual companies, any other economic agents.

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At the same time, if we speak from the point of view of public interests, then the production of a particular subject requires certain efforts, resources, knowledge, and investment. Consumer value arises - a single property of a product that allows it to “enter” into the exchange of public goods. Moreover, such an exchange is always made in equal proportions, already regardless of individual assessments.

However, the answer to the question "what is value" can be sought in a slightly different plane, say, philological. We proceed from the definition: value - that which is valuable, has a price, is sold, is subject to sale or exchange. It follows that value economically measures the social legitimacy of a given subject or service, their social significance for the consumer.

Thus, when we talk about what value is, we mean the following:

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  1. Customer satisfaction - the level of coincidence of social interests / expectations with the properties of goods that enter the domestic market.

  2. The quality of goods is individual properties that distinguish them favorably against the background of similar objects. The more individual properties, the more valuable this product.

  3. Consumer values ​​- a general, social idea of ​​how a product (service) should look like, what properties it should have, and an understanding of how the acquired product will increase the standard of living.

And in this regard, value is just a financial dimension of the uniqueness of the things that surround us.