Value Quotes - page 11
How are we to adjudicate among rival ontologies? Certainly the answer is not provided by the semantical formula "To be is to be the value of a variable"; this formula serves rather, conversely, in testing the conformity of a given remark or doctrine to a prior ontological standard.
Willard van Orman Quine
What I wanted to get at is the value difference between pornographic playing-cards when you're a kid, and pornographic playing-cards when you're older. It's that when you're a kid you use the cards as a substitute for a real experience, and when you're older you use real experience as a substitute for the fantasy.
Edward Albee
To renew the energy expended in physical labour, the worker must be provided with the requirements of his existence as a functioning organism-food, clothing, and shelter for himself and his family. The labour time socially necessary to produce the necessities of life of the worker is the value of the worker's labour power. The latter's value is, therefore, reducible to a specifiable quantity of commodities: those which the worker requires to be able to subsist and reproduce.
Anthony Giddens
Voltaire remarked that it is possible to kill a flock of sheep by witchcraft if you give them plenty of arsenic at the same time. The sheep, in this figure, may well stand for the complacent apologists of capitalism; Marx's penetrating insight and bitter hatred of oppression supply the arsenic, while the labour theory of value provides the incantations.
Joan Robinson
We live in an enlightened age, however, an age that has learned to see and to value other living things as they are, not as we wish them to be. And the long and creditable history of science has taught us, if nothing else, to look carefully before we judge-to judge, if we must, based on what we see, not what we would prefer to believe.
Robert Charles Wilson
All the real money in investment will have to be made-as most of it has been in the past- not out of buying and selling but out of owning and holding securities, receiving interests and dividends therein, and benefiting from their long-term increases in value. Hence stockholder's major energies and wisdom as investors should be directed toward assuring themselves of the best operating results from their corporations. This in turn means assuring themselves of fully honest and competent managements.
Benjamin Graham
The purchase of a bargain issue presupposes that the market's current appraisal is wrong, or at least that the buyer's idea of value is more likely to be right than the market's. In this process the investor sets his judgement against that of the market. To some this may seem arrogant or foolhardy.
Benjamin Graham
The investor has the benefit of the stock market's daily and changing appraisal of his holdings, 'for whatever that appraisal may be worth', and, second, that the investor is able to increase or decrease his investment at the market's daily figure - 'if he chooses'. Thus the existence of a quoted market gives the investor certain options which he does not have if his security is unquoted. But it does not impose the current quotation on an investor who prefers to take his idea of value from some other source.
Benjamin Graham
