Value  

From The Art and Popular Culture Encyclopedia

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When culture can be bought and sold, taste becomes an increasingly useful social marker. It was commerce that gave 'culture' to the middle classes, but commerce could also sully it. So the Georgians set about building a national culture - from the plays of Shakespeare to the music of Handel - that only the qualified could properly enjoy. As this culture widened, paradoxically the separation of high and low ('polite' and 'vulgar') sharpened. -- John Mullan

Value can refer to:

• Value (personal and cultural) -- the principles, standards, or quality which guides human actions
• Value (economics) -- the market worth or estimated worth of commodities, services, assets, or work.
• Value theory -- in ethics, aesthetics and other evaluative matters
• Value (law)
• Value (semiotics)

See also

• Anthropological theories of value
• Theory of value for more general discussions of economic value.
• Moral character