Value means what is good or bad, better or worse. It's clear to most of us is that there is more than one dimension of value; we understand that wealth does not equate to happiness - though it might help. Many business and public organizations now talk about a " triple bottom line". Bullshit can occur when someone only considers the aspect(s) of value that appeal most to our immediate self-interest - when there are clearly issues with the other aspects. And then there's the question "value to whom?". Bullshit may occur when value to some of the parties who have a genuine stake in an issue are not taken into account - the "stuff them" approach.
A well recognized distinction in terms of quality of our lives is between the Rational and Logical on the one hand and the Emotive and Inspirational on the other. We all need to maintain a balance between these, but individuals will inevitably differ in where their balance lies.
However these two dimensions alone do not guarantee value. We need to consider Resources, Motivation and Practicability.
Resources are the things we need to sustain our lives and make things happen. They include things like materials, minerals, food and human effort. None of these are unlimited, though they may be flexible. Resources also include money - which is not an end in itself as far as quality of life is concerned. Money should be seen - like other resources - as a constraint, or as a temporary store of means to buy what one needs or wants.
Motivation is critical because humans need a spur to take action. Financial gain is not always the main point - quality of life may be more important. There may be motivation to reduce risk, alleviate boredom, try something different or just make things easier or more efficient.  There is also altruistic motivation, to do something with for others, for a cause, or for society - with minimal thought of gain to oneself.  If there is too little motivation people may fritter their life away. And a nanny state that provides everyone's needs regardless of effort and initiative, will not remain competitive.
Practicality means facing the question "will it actually work, or happen?". The physical world we are thrown into has many "gotchas". There is significant value in negotiating the bumps in the road. Things often don't work as hoped because not enough consensus has been reached, and this depends on the coherence of societies.
Based on the ideas of US theologian Loyal Rue, I have proposed a "Pentagon" of value - follow this link to view my diagram and comments.
P Philosophy L Language
O Ontology V Value
E Evolution R Religion
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