Extrinsic Value Quote by John William Davis
““Extrinsic value is the value objects, empirical things, have to the measure that they meet the demands of belonging to a class as determined by the intension of an analytic concept.””
About This Quote
Source Book: Theory of Knowledge, John William Davis, 1975
Objects gain value when they satisfy the defining criteria of a conceptual class, based on the concept’s intension.
In simple terms: Objects are valuable if they fit a defined category.
Key Takeaway
Identify the defining criteria of concepts you use.
Themes
philosophy
semantics
valuation
Mood
analytical
reflective
Type
theoretical
critical
When to use this quote
- academic research
- teaching
- product design
- market analysis
Key Concepts
analytic concepts
intension
extrinsic value
Questions to Reflect On
- How do you determine a concept’s intension?
- What happens when a concept’s criteria evolve?
A Different Perspective
Values may shift if the underlying concept changes.
