Values

  • Values are our fundamental beliefs. They are the principles used to define what is right, good and just.
  • Values guide how to determine right versus wrong and good versus bad.
  • They are the standards.
  • While evaluating anything, we compare it to a standard.
  • Values include honesty, integrity, compassion, courage, honor, responsibility, patriotism, respect and fairness.
  • Ethics are universal.

Morals

  • Morals are values attributed to a system of beliefs, particularly a religious system.However, it could also be a political system of some other set of beliefs.
  • These values get their authority from outside us, i.e., from a higher being or a higher authority (e.g. society).
  • We may categorize the values listed above, such as honesty, integrity, etc., as moral values, i.e., values derived from a higher authority.

Ethics

  • Ethics is about our actions and decisions.
  • When we act in ways consistent with our beliefs that is characterized as acting ethically.
  • When one’s actions are not compatible with theirvalues, that is considered as acting unethically.
  • The ethics of our decisions and actions is defined socially.