Construct · 2 fields · 5 citations
One name. Different field. Different construct. One map.
● jingle · one word, two constructs Nearest construct by meaningcommoditycompare the meaningsEvery construct on the map is compared with every other by the meaning of its definitions, and the closest one is surfaced here. The nearest construct to good is commodity.
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In philosophy the good is the central object of ethics: what is worth pursuing, choiceworthy, or valuable in itself. Plato's Republic (ca. 380 BCE) placed the Form of the Good at the summit of reality, the source of truth and being that makes other things knowable and worth wanting, and Aristotle's Nicomachean Ethics (ca. 340 BCE) recast the good as the end at which every action aims, culminating in a well-lived human life. Moore's 1903 Principia Ethica argued that good is a simple, indefinable property and that reducing it to any natural fact commits what he called the naturalistic fallacy. The referent here is a normative property of ends and actions, argued over rather than bought or sold, and it is not a commodity traded in a market or the goodness ascribed to a creator.[1][2][3]
In economics a good is a commodity or service that satisfies a want and can be exchanged, the basic object over which production and consumption are defined. Adam Smith's 1776 An Inquiry into the Nature and Causes of the Wealth of Nations analysed goods through their value in use and their value in exchange, and the division of labour that produces them. Samuelson's 1954 The Pure Theory of Public Expenditure separated private goods, where one person's consumption uses a unit up, from public goods, which are non-rival and non-excludable so that many can consume the same unit at once. The referent is a scarce, allocable object of exchange counted in quantities and prices, unrelated to a moral end pursued in ethics or the goodness ascribed to God in theology.[4][5]
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