Contemporary views

Virtues as emotions
Marc Jackson in his book Emotion and Psyche puts forward a new development of the virtues. He identifies the virtues as what he calls the good emotions "The first group consisting of love, kindness, joy, faith, awe and pity is good"[38] These virtues differ from older accounts of the virtues because they are not character traits expressed by action, but emotions that are to be felt and developed by feeling not acting.
In Objectivism
Ayn Rand held that her morality, the morality of reason, contained a single axiom: existence exists, and a single choice: to live. All values and virtues proceed from these. To live, man must hold three fundamental values that one develops and achieves in life: Reason, Purpose, and Self-Esteem. A value is "that which one acts to gain and/or keep ... and the virtue[s] [are] the act[ions] by which one gains and/or keeps it." The primary virtue in Objectivist ethics is rationality, which as Rand meant it is "the recognition and acceptance of reason as one's only source of knowledge, one's only judge of values and one's only guide to action."[39] These values are achieved by passionate and consistent action and the virtues are the policies for achieving those fundamental values.[40] Ayn Rand describes seven virtues: rationality, productiveness, pride, independence, integrity, honesty and justice. The first three represent the three primary virtues that correspond to the three fundamental values, whereas the final four are derived from the virtue of rationality. She claims that virtue is not an end in itself, that virtue is not its own reward nor sacrificial fodder for the reward of evil, that life is the reward of virtue and happiness is the goal and the reward of life. Man has a single basic choice: to think or not, and that is the gauge of his virtue. Moral perfection is an unbreached rationality, not the degree of your intelligence but the full and relentless use of your mind, not the extent of your knowledge but the acceptance of reason as an absolute.[41]
In modern psychology
Christopher Peterson and Martin Seligman, two leading researchers in positive psychology, recognizing the deficiency inherent in psychology's tendency to focus on dysfunction rather than on what makes a healthy and stable personality, set out to develop a list of "Character Strengths and Virtues".[42] After three years of study, 24 traits (classified into six broad areas of virtue) were identified, having "a surprising amount of similarity across cultures and strongly indicat[ing] a historical and cross-cultural convergence."[43] These six categories of virtue are courage, justice, humanity, temperance, transcendence, and wisdom.[44] Some psychologists suggest that these virtues are adequately grouped into fewer categories; for example, the same 24 traits have been grouped into simply: Cognitive Strengths, Temperance Strengths, and Social Strengths.[45]