A value system is a set of consistent ethic values (more specifically the personal and cultural values) and measures used for the purpose of ethical or ideological integrity. A well defined value system is a moral code.
Read more about Value System: Personal and Communal, Corporate Value Systems, Consistency, Value Exceptions, A Model System, Conflict
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“... in America ... children are instructed in the virtues of the system they live under, as though history had achieved a happy ending in American civics.”
—Mary McCarthy (1912–1989)