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How else can we evaluate good if not by it's value? I understand that not all the benefits of college are monetary, but we need some unit of account to describe
by benkuykendall 11y ago
How else can we evaluate good if not by it's value? I understand that not all the benefits of college are monetary, but we need some unit of account to describe the immaterial gains of a college education.
Would you rather a billion dollars or a college education? If you say the former, than value of college is clearly less than a billion dollars.
- littletimmy 11y agoSure, we can evaluate it by value. But that value does not have to be monetary. You're still thinking in the same paradigm, see? You're saying if it more than a billion dollars or less... That's not the way to talk about education. Just acknowledge it as a public good - and keep it in the public domain. Stop monetizing it. I think a good person to read on this would be John Stuart Mill, who said when the economy reaches any reasonable level of wealth that made it unnecessary to continue to grow, then the prime purpose of life becomes the development of human faculties. Things like monetary gain stop having meaning.