The Objectivist definition of a value is “that which one acts to gain and or keep”.
However, one must first identify that which one would like to gain before one can act to gain it.
If one wants to live, one must eat food. The food must be recognised as valuable before action is taken to gain it.
But the Objectivist definition implies the food only becomes valuable during the action and not before.
If this is the case, what motivates the initial action if the food is not perceived as valuable prior to action taken to gain it?
The definition is complete and correct, emember that a definition is not a recitation of every fact relevant to the concept, it is a succinct statement of the essential properties that unity all instances of value, differentiated from all other things. To give a complete characterization of “value” (not just a definition), one would have to recite many, many facts that really are not about “value”. Conceptual economy is essential to the Objectivist epistemology. Suppose you say that food is a value, and beef is a high value, unless you are allergic to beef, then it becomes a disvalue so you should not act to gain beef. The concept “value” is starting to bloat: it becomes useless. But if you have “value” as defined in Objectivism, and the entire network of other concepts and propositions, then knowing that value is “that which one acts to gain and keep” is all that is necesssary to compute whether you must have food, and what constitutes “good food”. (NB Rand would never say “and or”).
Perhaps the exact wording is the issue: that is, “that a rational person should act to gain and keep” might make it clearer. But that (sorta) unnecessarily burdens the definition of “value”. The definition doesn’t need any change, but it might benefit, sometimes, on commentary. Also, you cannot “perceive” that an object is a value, you can conclude that it is, if you understand its nature. You can conclude that that mushroom is a value, and kill yourself, through faulty reasoning. “Errors” of perception don’t actually exist, but inferences from sub-normal sensory devices can be wrong.
According to Harry Binswanger, who worked with Rand for ten years, “that which one acts to gain and/or keep” was intended by Rand as an initial characterization of value rather than as the definition of value.
If you have an HBL subscription, Binswanger explains this at length in the thread entitled “Defining “value”–a common misconception among Objectivists”, which is post 12067. I think copying and pasting an HBL post to a public forum may violate the terms of use for HBL, so I’m not going to do that.
I’m not sure Objectivism contains a definition of value, strictly speaking.
TruthSeeker946,
Value is a concept of consciousness (Introduction to Objectivist Epistemology).
In order to expand the concept of value,
one only need to apply it to all conscious organisms which act on value.
So it is a rich concept, because its differentiation occurs when we try to embrace in our minds not just “value”
but also “valuers.”
Without the expansion of this concept, we would have no basis for theorizing about capitalist society
and how it works.
TruthSeeker946,
Value does not need to be completely and perfectly aligned with action.
Early childhood experience allows us to program our values into our subconscious,
until we reach an age of independence, after which the values we have programmed become
actionable through our own volition and effort.