Loading...
 

price as value

The equivalence of price as value is fundamental to many controversial practices in human society:

Belief in this equivalence is sometimes called economism. Belief in it plus belief in the corporation as a neutral arbiter of values is usually called corporatism. When either or both are combined with militarism, the combination is called fascism.

Two contrasting theories are transcendent value and ecological value. See goodness and value theory for a more general discussion of this.