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Social status is the relative level of social value a person is considered to possess. [ 1 ] [ 2 ] Such social value includes respect, honor , assumed competence, and deference. [ 3 ] On one hand, social scientists view status as a "reward" for group members who treat others well and take initiative. [ 4 ]
The time value of money is the idea that receiving a given amount of money today is more valuable than receiving the same amount in the future due to its potential earning capacity.
Stage 3: Good Boy–Nice Girl Orientation: Morals are conceived in accordance with the stereotypical social role. Rules are obeyed to obtain the approval of the immediate group and the right actions are judged based on what would please others or give the impression that one is a good person. Actions are evaluated according to intentions.
This is based on the idea that what people should do is affected by value considerations but not necessarily limited to them. [6] Another view sees ethics as a subdiscipline of value theory. This outlook follows the idea that ethics is concerned with moral values affecting what people can control, whereas value theory examines a broader horizon ...
Marx explained his belief that, in such a society, each person would be motivated to work for the good of society despite the absence of a social mechanism compelling them to work, because work would have become a pleasurable and creative activity. Marx intended the initial part of his slogan, "from each according to his ability" to suggest not ...
Moral intelligence is the capacity to understand right from wrong and to behave based on the value that is believed to be right. [38] It is considered a distinct form of intelligence, independent to both emotional and cognitive intelligence. [39]
Agency is the capacity of an actor to act in a given environment. It is independent of the moral dimension, which is called moral agency. In sociology, an agent is an individual engaging with the social structure. Notably, though, the primacy of social structure vs. individual capacity with
An alternative position on rationality (which includes both bounded rationality, [81] as well as the affective and value-based arguments of Weber) can be found in the critique of Etzioni (1988), [82] who reframes thought on decision-making to argue for a reversal of the position put forward by Weber. Etzioni illustrates how purposive ...