When we look into our basic perceptions, it seems that every slightest perception is in some way pleasurable or painful. Objectively, we can describe the mechanism of pleasure and pain, but we cannot explain the ultimate fact that there is an observer. It is the I am. Whether it is the I think is a matter of some debate.
It seems absurd that somehow the observer is a product of some objective mechanism. How could subjectivity ever emerge from objectivity? The two must coexist at the root of existence. Thought may emerge from some mechanism, but it can hardly be argued that perception itself is thoroughly mechanical.
The Observer does not experience sensations with an indifferent eye, but rather, it always seems to make some kind of value judgment. We can never be truly indifferent: it is not our nature. It seems to me that this moral polarity is a fundamental characteristic of perception itself.
Good and Evil are not simply emergent charateristics of things, but rather, Good and Evil are fundamental, coexistent attributes of subjective reality. This is not to suggest that we can ever comfortably give names to Good and Evil, as Nietzsche put it, but rather, that Good and Evil are two ubiquitous, mutually-opposed aspects of reality. Good and Evil, it might even be proposed, are, in a subjective sense, the stuff that things are made of.