Total Value
The total ethic or philosophic value of an object can be regarded as being the product of its average value, average intensity and value duration. It may be either absolute or relative or both.
Any decrease in the whole value, intensity or duration of an object decreases its total value and vice versa. For example, again taking a fictional life-stance regarding waffles as of ends-in-themselves, it still doesn't generate any total value if there are no waffles, no intensity, no matter how much average value a waffle has.
Alternatively described, the total value can be regarded as being the sum of the total intrinsic value and total instrumental value. Still, it may be either relative or absolute, or both.
Read more about this topic: Value (ethics)
Famous quotes containing the word total:
“The human spirit is itself the most wonderful fairy tale that can possibly be. What a magnificent world lies enclosed within our bosoms! No solar orbit hems it in, the inexhaustible wealth of the total visible creation is outweighed by its riches!”
—E.T.A.W. (Ernst Theodor Amadeus Wilhelm)
“By sharing the information and observations with the caregiver, you have a chance to see your child through another pair of eyes. Because she has some distance and objectivity, a caregiver often sees things that a parent’s total involvement with her child doesn’t allow.”
—Amy Laura Dombro (20th century)