Action Quote by William Stanley Jevons
“By a commodity we shall understand any object, substance, action or service, which can afford pleasure or ward off pain.”
About This Quote
Source Book: Theory of Political Economy by William Stanley Jevons, 1871
A commodity is any item that can bring pleasure or relieve pain, defining its economic value.
In simple terms: Anything that feels good or eases pain is a commodity.
Key Takeaway
Identify what truly satisfies or eases you.
Themes
economics
utility
value
Mood
analytical
neutral
Type
economic
philosophical
When to use this quote
- marketing
- product design
- personal budgeting
- healthcare
- entertainment
Key Concepts
pleasure principle
pain avoidance
Questions to Reflect On
- What items in your life serve primarily for pleasure versus pain relief?
- How do societal norms influence what we label as commodities?
A Different Perspective
Not all needs are purely pleasure or pain driven; cultural values also shape demand.
