Abstract
Grammatically, “good” is a one-place predicate. Many authors were misled by the surface grammar and thus mistook good as a simple property. Pragmatically good is a relational property if it is somehow a property. As a term for relational property, “good” captures a particular type of relations between events and the needs of persons. Therefore, all statements in which “good” occurs are statements of facts. Moral terms such as “morally right”, “morally good”, “ought to do” can be adequately defined in terms of “good” and thus all statements of values are at final analysis statements of facts. There is no dichotomy between fact and value, and the question of derivation of an ought from an is is nonsensical. Moore misunderstood the property good or the predicate “good” and thus his objection to naturalistic approach to goodness is pointless. Naturalism concerning goodness commits no fallacy.