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.