Chemist Quote by Karl Marx
“So far no chemist has ever discovered exchange-value either in a pearl or a diamond.”
About This Quote
Source Manuscript: Economic and Philosophic Manuscripts of 1844, 1844
Value is socially constructed; commodities like pearls or diamonds lack intrinsic exchange value.
In simple terms: Value comes from social agreement, not inherent worth.
Recognize value is subjective.
Themes
Mood
Type
When to use this quote
- pricing
- investment
- collecting rare items
Key Concepts
Questions to Reflect On
- How do societies assign value?
- Can value be measured objectively?
Market perceptions can shift; value may be emotional.