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The marketplace does only one thing - it puts a price on everything. The role of culture, however, must go beyond economics. It is not focused on the price of things, but on their value. And, above all, culture should tell us what is beyond price, including what does not belong in the marketplace. A culture should also provide some cogent view of the good life beyond mass accumulation. In this respect, our culture is failing us.

Dana Gioia#47

CultureSocietyEconomicsValue

About this quote

What does it mean?
Culture should prioritize human value and the good life over economic pricing and accumulation.
In plain terms
Culture matters more than money because it tells us what is truly valuable.
What can you take from it?
Focus on values that cannot be bought or sold.

Where it applies

  • policy making
  • community planning
  • personal ethics

Putting it to work

  • critique consumerism
  • define community values
  • prioritize non-market goods

Questions to consider

  • What things in your life have value beyond price?
  • How does your culture define the good life?

Another view

Some argue economic metrics are necessary to measure social progress.

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