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Adam Smith

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In reality, during the continuance of any one regulated proportion, between the respective values of the different values of the different metals in the coin, the value of the most precious metal regulates the value of the whole coin.
--
Chapter V, p. 50

 
Adam Smith

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This is Nietzsche’s twofold struggle: against those who remove values from criticism, contenting themselves with producing inventories of existing values or with criticizing things in the name of established values (the “philosophical labourers”, Kant and Schopenhauer, BGE 211); but also against those who criticise or respect values by deriving them from simple facts, from so-called “objective facts” (the utilitarians, the “scholars”, BGE Part 6). In both cases philosophy moves in the indifferent element of the valuable in itself or the valuable for all. Nietzsche attacks both the “high” idea of foundation which leaves values indifferent to their origin and the idea of simple causal derivation or smooth beginning which suggests an indifferent origin for values. Nietzsche substitutes the pathos of difference or distance (the differential element) for both the Kantian principle of universality and the principle of resemblance dear to the utilitarians. “It was from the height of this pathos of distance that they first seized the right to create values and to coin names for them; what did utility matter?” (GM I 2 p. 26)

 
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Each green leaf or each needle is in effect a remarkably well-regulated metal factory. Its operation can be demonstrated experimentally. With the falling of the leaves or needles this supply of metals is scattered by the wind, and the more undergrowth there is, the greater is the dispersion of organic metal salts, which during the winter are pressed down hard by the snow.

 
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