Abstract

The topic of the article is the logical relation between things that are intrinsically good and things that are extrinsically good to value as such. Three main conceptions pertaining to this problem have been identified. In the first conception adverbs,,intrinsic” and,,extrinsic” specify which of the two meanings of the word “good” has been meant, and the terms “intrinsic value” and “extrinsic value” stand for two different meanings of the term “value”. In the second conception the two adverbs modify the meaning of the term “valuable” so much that the intrinsic value and the extrinsic values turn out to be two different kinds of value, or two different cases of value. In the third conception the two adverbs modify the sense of the word “good” and both the intrinsic and the extrinsic value is only a component of value and not two separate entities. The author argues in favor of the last conception.