In a capitalist system, things are valued by what people…

“In a capitalist system, things are valued by what people will pay for them.”

John Currin

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

In capitalism, value is determined by market price, reflecting what buyers are willing to pay

In simple terms: Value equals market price

Key Takeaway

Understand that price reflects perceived value

Themes

economics capitalism valuation

Mood

analytical critical

Type

philosophical economic

When to use this quote

pricing strategy
investment decisions
consumer behavior
product development

Key Concepts

market dynamics price signaling

Questions to Reflect On

How does price influence perceived quality?
When should price be adjusted for ethical reasons?

A Different Perspective

Price may not reflect intrinsic or social value

★ ★ ★ ★ ★ No ratings yet

Capitalism People

More by John Currin

There is a fascination with violence and power in all modernism, and I sort of saw classic modernism as being more similar to Wyndham…

John Currin

A lot of times maturing as an artist is just starting to do the things you like to do.

John Currin

I think a big problem with art school is that it makes people feel like they have to be interested in everything that's of…

John Currin

There is, literally and figuratively, not a gold standard. That's almost as big a problem in art as in the financial world. How do…

John Currin

Instead of last man standing, it'll be last man smiling.

John Currin

There's nothing worse than people talking about theories and humor.

John Currin

Your style is who you are when you’re not trying to be clever or better than you actually are.

John Currin

I think a lot of people take a scholarly approach where they feel like you're supposed to study things that depress you.

John Currin

When I went to college, and I went to art school, I started to realize that Warhol was cool and that pop art was…

John Currin

Painting is like being a lawyer and attacking a corporation.

John Currin

I suppose the good artists, the righteous artists, somehow manage to be exuberant, and the embarrassed artist has this idea that everybody has to…

John Currin

I've always found paintings of nudes depressing because they can't compete with photographs. The grainiest photograph of some girl, a blurry Polaroid - you'd…

John Currin

There is no misery in art. All art is about saying yes, and all art is about its own making.

John Currin

I think what I do is find a cliché and try to believe in it, try to get to where I don't laugh at…

John Currin

You have to like everything that you're painting. Maybe on a narrative level it seems harsh... but I like everything in all my paintings.…

John Currin

Explore all 26 John Currin quotes

More Capitalism quotes

Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.

Rupert Murdoch

Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

Alan Greenspan

Philosopher is a dictator who modifies accepted standards with his thoughts.

Ilkin Santak

There is only one party in the United States, the Property Party...and it has two right wings: Republican and Democrat. Republicans are a bit…

Gore Vidal

Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants,…

Joseph Stalin

Corporations have nothing to do with values, and they know it, and sometimes say it.

Eric Kierans

Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an…

F. A. Harper

The free market is ugly and stupid, like going to the mall; the unfree market is just as ugly and just as stupid, except…

Anonymous

Capitalism, communism ... it's all garbage.

Mstislav Rostropovich

There are no two countries with the same style of economic mechanism, with the same capitalism.

Anatoly Chubais

It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become…

Robert Kuttner

Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…

John Adams