Use value is better named experiential value to include ends-in-themselves

Evidence

Traditionally, within the circles of political economics, experiential value was known as use value; a confusing term because wise people can – indeed, should – assign great subjective value to things that are ends in themselves, that – in other words – have no use or utility, e.g. great art and beauty, knowledge for its own sake, the thrill of climbing a mountain just because it is there. Thus, my term ‘experiential value’ – i.e. the value one derives from any positive, wholesome, pleasurable, satisfying experience, useful or not. (NB Neoclassical economists refer to experiential value as utility – following the lead of Jeremy Bentham.) — Yanis Varoufakis, Technofeudalism, 1021

Categorization

• DEFINE: Reterms classical ‘use value’ as ‘experiential value’ to escape the utility-consumption framing.
• XREF: Mirrors the Deep Listening reframing — both works insist experience itself carries intrinsic worth economists miss.
• corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 1021