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exchange value
(redirected from Exchange-value)

   Also found in: Wikipedia 0.03 sec.
See: price


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From this perspective, which owes much to Deborah Poole's Vision, Race, and Modernity (1997), the truth-value of a photograph is based on its relationship to the object that it represents, whereas the exchange-value of a photograph derives from its reproducibility and substitutability within a visual economy of icons and images.
Indeed, Barney's sculptures are nor props (a word that still operates in terms of use-value, not the exchange-value of Barney's links in the chain).
 
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