Value emerges from relational valuation practices, not from objects themselves.
Evidence
This concept draws attention to the fact that value is non intrinsic to the object but produced in the relationship between the object and the person who considers it valuable, and results from practical valuation activities (Muniesa 2011). — Ève Chiapello, Financialisation of Valuation, 23
Categorization
- DEFINE: Defines ‘valuation’ against ‘value’ — a pragmatist reframing that relocates worth into relational practice.
- XREF: connects to: Value in the bio-economy is produced through valuation practices, not intrinsic to biological matter. — Kean Birch, Rethinking Value in the Bio-economy:…, 1; Value is not inherent in things but achieved through capitalization practices. — Kean Birch, Rethinking Value in the Bio-economy:…, 28; Asset value is constituted by active management within organizations, not by biological properties. — Kean Birch, Rethinking Value in the Bio-economy:…, 47 (+16 more)
Related
- Value in the bio-economy is produced through valuation practices, not intrinsic to biological matter. (similarity 0.88)
- Value is not inherent in things but achieved through capitalization practices. (similarity 0.86)
- Value is constituted by knowledge and practice, not merely hype. (similarity 0.86)
- Bio-economy valuation practices are not peculiar to that sector. (similarity 0.82)
- Economic value emerges through the distance exchange creates between self and object (similarity 0.82)
- Capitalization builds the thing being valued at the same time it appraises that thing (similarity 0.81)
- Financialisation also colonizes non-economic spheres via valuation techniques. (similarity 0.81)
- Valuation and evaluation are analytically separable processes of worth attribution. (similarity 0.81)
- Experiential value is unquantifiable and independent of how production is organized (similarity 0.80)
- Asset value derives from future earnings rather than intrinsic commodity value (similarity 0.80)
- Exchange creates value as genuinely as production does. (similarity 0.79)
- Asset value is constituted by active management within organizations, not by biological properties. (similarity 0.79)
- Exchange itself, not utility or scarcity, creates economic value. (similarity 0.79)
- Financialization makes belief in value more central than ever (similarity 0.78)
- Understanding value requires studying the assets underpinning firm valuation, not commodity production. (similarity 0.78)
Broader Connections
- Economic value emerges through the distance exchange creates between self and object
#expands(0.85) — Georg Simmel, on individuality and social forms_…, 250 - Finance creates intangible commodities that exist only through valuation techniques
#epitomizes(0.85) — Ève Chiapello, Financialisation of Valuation, 104 - Value under digital capitalism rests on appearing, not possessing.
#exemplifies(0.82) — Yves Citton, The Ecology of Attention, 204 - Order emerges from relations between things, not from an external observer’s frame
#corroborates(0.80) — Timothy Mitchell, Colonising Egypt, 538 - Values are created absolutely by human attachment, not discovered
#corroborates(0.80) - Becoming an asset exceeds property relations and needs separation from socio-material context
#expands(0.75) — Paul Langley, Assets and Assetization in…, 27