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Since value is in waves, then we can apply the concept of densities and dimensions onto economic values.
Densities
Perception densities are waves within waves. We can organized the economic value perceptions into 5 levels or densities.
- Personal level
- Organizational level
- Local level
- National level
- Global level
Dimensions
Perception dimensions are how values and desires are viewed. Classically, this was denoted as productive and unproductive labor.
We update these into 6 kinds of productive effort that leads to value or revenue.
- Material Effort
- Immaterial Effort
- Skilled Effort
- Unskilled Effort
- Value-adding
- Value-Maintaining
This will be explained in the 2nd Law of Value.
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