A forgotten distinction in value theory

Abstract The debate on final value has been so far understood as a debate over what sort of properties final value depends on. The debate’s reliance on mere dependence has, I argue, made it very difficult for conditionalists to put forward a coherent positive alternative to intrinsicalism. Talk of dependence is too coarse-grained and fails to distinguish between different ways in which value can metaphysically depend on other properties of the value bearer. To remedy this, I propose that we bring back a ‘forgotten’ distinction between two ways in which value can depend on other properties. We should distinguish those properties in virtue of which a value is had—the grounds of the value—from those on condition of which it is had—which following Dancy I call the enablers of the value. With this distinction in hand, I offer a clear re-statement of the two main conditionalist accounts of final value: non-instrumentalism and non-derivatism . When understood not as making claims about the properties on which final value depends but rather as making more specific ones about the properties that ground final value, these accounts are perfectly coherent.