> the fact that people value something does not necessarily make it important.
I think that is precisely what makes it important. As long as as individuals in a society have freedom of choice, the only way to approximate some objective measure of importance is by looking what they value in aggregate.
The things I think are important and the things you think are important are probably different. So who's right?
From a practical standpoint, what makes a difference is what people think is important. As the other commenter mentioned, in capitalist society people clearly demonstrate what they think is important by spending their money.
If people chose to spend their money getting their nails done, then they do think that it's important. If enough people think it's important then it becomes so, and no-one can really tell them otherwise. This is the case as long as people have freedom to chose how they make money and how they spend it.
I think that is precisely what makes it important. As long as as individuals in a society have freedom of choice, the only way to approximate some objective measure of importance is by looking what they value in aggregate.
The things I think are important and the things you think are important are probably different. So who's right? From a practical standpoint, what makes a difference is what people think is important. As the other commenter mentioned, in capitalist society people clearly demonstrate what they think is important by spending their money.
If people chose to spend their money getting their nails done, then they do think that it's important. If enough people think it's important then it becomes so, and no-one can really tell them otherwise. This is the case as long as people have freedom to chose how they make money and how they spend it.