 Why talk of “extrinsic value” at all, then? The answer can only be that we just do say that certain things are good, and others bad, not for their own sake but for the sake of something else to which they are related in some way. To say that these things are good and bad only in a derivative sense, that their value is merely parasitic on or reflective of the value of something else, is one thing; to deny that they are good or bad in any respectable sense is quite another. The former claim is accurate; hence the latter would appear unwarranted.