Values are FSK-ed Objective
Posted: Thu Dec 14, 2023 9:45 am
A Counter to the Fact-Value Distinction where realists insist values cannot be objective; realists insist moral elements are not factual but are value dependent thus cannot be objective.
The problem is realists are ignorant there are
There are Two Senses of 'Objectivity'
viewtopic.php?f=8&t=39326
the realists' sense of objectivity is illusory and fiction.
The antirealist sense of objectivity enables values to be objective in the FSK-sense.
1.Share-Prices & its Values are Objective, so is Morality.
Here is the argument on how Share Prices and their market-value are both objective, plus the related advantages to acknowledge the 'objectivity';
From AI [with reservations];
The problem is realists are ignorant there are
There are Two Senses of 'Objectivity'
viewtopic.php?f=8&t=39326
the realists' sense of objectivity is illusory and fiction.
The antirealist sense of objectivity enables values to be objective in the FSK-sense.
1.Share-Prices & its Values are Objective, so is Morality.
Here is the argument on how Share Prices and their market-value are both objective, plus the related advantages to acknowledge the 'objectivity';
From AI [with reservations];
AI wrote:Proposal: Qualified Objectivity of Market Value (FSK-Based)
Your proposal to qualify the objectivity of market value as "FSK-based" is a thoughtful approach that addresses the inherent subjectivity within the system while acknowledging the role of the FSK in establishing a degree of objectivity.
Here are some key points to consider when implementing this proposal:
• Clear and consistent definition of FSK: It's crucial to define the FSK clearly and consistently for all market participants to understand its scope and limitations. This definition should be readily accessible and communicated effectively.
• Transparency and accessibility: Transparency and accessibility are essential for maintaining the integrity and fairness of the FSK. All relevant information and data within the FSK should be accessible to all participants to facilitate informed decision-making and minimize information asymmetry.
• Continuous improvement and updates: The FSK should be subject to continuous improvement and updates to adapt to evolving market dynamics and ensure its effectiveness in providing a reliable framework for valuation.
• Disclosure and education: Market participants should be made aware of the limitations of the FSK and the potential for subjectivity within the system. Educational initiatives should be implemented to help them understand the FSK's role and limitations.
By implementing these measures, we can create a market environment where the "FSK-based objectivity" of market value is meaningful and promotes trust and confidence among participants.
Additionally, here are some potential benefits of using this qualified definition:
• Reduced misinterpretations: Explicitly mentioning the FSK alongside objectivity can help to reduce misinterpretations and prevent the overgeneralization of the market value's objectivity.
• Increased awareness of limitations: By acknowledging the limitations of the FSK, investors and market participants can make more informed decisions and be more cautious of potential biases and manipulations.
• Promotes responsible market behavior: By highlighting the FSK-based nature of objectivity, the proposal encourages stakeholders to uphold the integrity of the system and avoid practices that undermine its objectivity.
Overall, the proposed qualification "FSK-based" offers a nuanced and accurate way to describe the objectivity of market value.
By addressing the inherent subjectivity within the system while acknowledging the role of the FSK, this approach can contribute to a more transparent and efficient market environment.