Talk about six economies of worth, or sets of values, that we prioritize differently. Although we
may not always prioritize our values the same way in different situations, I\'d like to think about
how you would rank these six economies of worth for yourself. Out of the six worlds of value
listed (Industrial, Domestic, Market, Civic, Fame and Inspiration), how would you rank them in
your own life?
Lastly, discuss whether or not you think this perspective on values makes sense. Is it useful?
valid? accurate?
Solution
Based on Boltanski and Thévenot \'s theory we have come across that there are six social orders
of worth(or we can say economies of worth) which co exists simultaneously, rather than in
isolation, in same social space but are associated with particular social domains. These
economies are worth are as follows:
Each of the above order holds a particular regime of worth, according to which people are
evaluated and, in turn, evaluate other people and objects.
The civic order attaches primitive importance to collectives instead of individuals. As such, it
values solidarity, group membership, and collective interest, which often take a legal form in
delegation and representation. The market ecomoy of worth is the world of desire and
competition over the possession of valuable, salable, or rare goods. The inspired economy is the
order of vision, passions, and imagination, where people\'s worth is determined by their degree
of artistic nature, originality, and creativeness. In the world of fame - the world of attention,
persuasion, and presentation - worth is based on the opinion of others. The industrial order is the
world of science and technology, where efficiency, performance, and productivity constitute key
measures of worth. In this world, people are evaluated on the basis of their reliability,
predictability, and professionalism.The domestic economy is the world of traditions, values,
customs, and conventions, where people\'s worth depends on their upbringing, manners, and
good character.
To integrate economic and social values in one analytic framework, they have arrived at a set of
principles that people resort to in order to justify their actions. These principles, which operate
within different economies of worth, are appealed to by individuals depending on the particular
economy in which they inhabit in a given situation.
The priorities of these worth could be different to different people. One, being of traditionalist
nature would prioritize Domestic ecomomy of worth first and then other orders. Such a person
who hold great values to traditions, norms, mannerism and customs would have the following
prioritiy levels of the orders of worth:
Rank 1: Domestic: Being a traditionalist, one would like to behave in line of values, norms,
customs etc. and would also evaluate others on basis of their characters quality, behavior etc.
Rank 2: Civic : such a person would also give prefernc to collectivism rather than individualism.
Rank .
Presiding Officer Training module 2024 lok sabha elections
Talk about six economies of worth, or sets of values, that we priori.pdf
1. Talk about six economies of worth, or sets of values, that we prioritize differently. Although we
may not always prioritize our values the same way in different situations, I'd like to think about
how you would rank these six economies of worth for yourself. Out of the six worlds of value
listed (Industrial, Domestic, Market, Civic, Fame and Inspiration), how would you rank them in
your own life?
Lastly, discuss whether or not you think this perspective on values makes sense. Is it useful?
valid? accurate?
Solution
Based on Boltanski and Thévenot 's theory we have come across that there are six social orders
of worth(or we can say economies of worth) which co exists simultaneously, rather than in
isolation, in same social space but are associated with particular social domains. These
economies are worth are as follows:
Each of the above order holds a particular regime of worth, according to which people are
evaluated and, in turn, evaluate other people and objects.
The civic order attaches primitive importance to collectives instead of individuals. As such, it
values solidarity, group membership, and collective interest, which often take a legal form in
delegation and representation. The market ecomoy of worth is the world of desire and
competition over the possession of valuable, salable, or rare goods. The inspired economy is the
order of vision, passions, and imagination, where people's worth is determined by their degree
of artistic nature, originality, and creativeness. In the world of fame - the world of attention,
persuasion, and presentation - worth is based on the opinion of others. The industrial order is the
world of science and technology, where efficiency, performance, and productivity constitute key
measures of worth. In this world, people are evaluated on the basis of their reliability,
predictability, and professionalism.The domestic economy is the world of traditions, values,
customs, and conventions, where people's worth depends on their upbringing, manners, and
good character.
To integrate economic and social values in one analytic framework, they have arrived at a set of
principles that people resort to in order to justify their actions. These principles, which operate
within different economies of worth, are appealed to by individuals depending on the particular
economy in which they inhabit in a given situation.
The priorities of these worth could be different to different people. One, being of traditionalist
nature would prioritize Domestic ecomomy of worth first and then other orders. Such a person
who hold great values to traditions, norms, mannerism and customs would have the following
2. prioritiy levels of the orders of worth:
Rank 1: Domestic: Being a traditionalist, one would like to behave in line of values, norms,
customs etc. and would also evaluate others on basis of their characters quality, behavior etc.
Rank 2: Civic : such a person would also give prefernc to collectivism rather than individualism.
Rank 3: Fame: Fame would be then 3rd rank holder
Rank 4: Industrial
Rank 5: Market
Rank 6: Inspiration: this order would hold last position for that person as change would be
greatly resist by the traditionist.
The perspectives on values of market makes sense in order to understand the private market
economy. The central problem is how people justify their actions within different contexts of
society. The perspectives helps us to understand how economic reasoning lies under sociology.
As each world is charactierized by a sense of common humanity that is distribute across
variously endowed individuals, for each individual's common humanity to be realized some sort
of redistribution is needed which could be aided by the understanding of the six regimes of
worth.
Although, it is useful, it can not be generalized to practical whole world. The real world is not so
clear and distinguishable.
