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In order to define standards by which to judge the several parts of human civilization, this book develops the theory that value is conferred on objects by interest, and different realms of value are to be distinguished by different interests or organizations of interest which they comprise. Three chapters devoted to morality help the reader discover the moral meaning of social institutions.
Then, in turn, the author examines conscience, polity, law, economy, science, art, education, and religion—showing the specific values which distinguish them and by what standards they are to be deemed good or bad. Not the least interesting aspect of this book is the discussion of the methods of the social sciences, and of many specific topics such as pleasure, happiness, freedom, love, faith, progress, nature, and optimism.