ABSTRACT

We shall be concerned in this chapter with matters in which the problems of ethics are almost indistinguishable from those of economics and politics. I shall henceforth assume as accepted the definitions of “intrinsic value” and “right conduct” arrived at in an earlier chapter, namely:

Intrinsic value is the property of a state of mind which is enjoyed or which, having been experienced, is desired. The opposite of intrinsic value is called intrinsic disvalue. A value and a disvalue are considered equal when a person who has the choice is indifferent as to whether he experiences both or neither.