Chapter

Social value and well-being: paying tribute

Bill Jordan

in Welfare and well-being

Published by Policy Press

Published in print September 2008 | ISBN: 9781847420800
Published online March 2012 | e-ISBN: 9781447304210 | DOI: http://dx.doi.org/10.1332/policypress/9781847420800.003.0007
Social value and well-being: paying tribute

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This chapter develops an alternative account of social value, in which the type of economic value that is produced and exchanged in the dominant model is but a particular version. It analyses the implications of the transformations of the collective life of Anglophone societies. First, it shows that the ‘objective’ is socially constructed; they vary between societies through factors other than mechanical laws that are taken to govern them. Second, the chapter considers the nature of the collective culture of individualism as a source of social value. The overall aim of this chapter is to demonstrate that as a way of understanding and distributing social value, individualism makes people vulnerable to a set of harms such as stigma, exclusion and isolation which can become endemic in the society.

Keywords: social value; transformation; collective life; isolation; individualism; stigma; exclusion

Chapter.  7747 words. 

Subjects: Health, Illness, and Medicine

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