This chapter employs the concept of value to shed light on how aesthetical value interacts with political, societal and economic value within cultural policy. The authors summarize how cultural policy measures can be seen to negotiate between the seemingly incompatible. The field of culture is in essence a complex game of values—involving a set of non-monetary and monetary values interwoven in cultural production, dissemination and consumption. A variety of value concepts populates regularly any discourse on culture, whether this discourse is led on economic, political, ideological or aesthetical grounds. A discourse on culture is usually also a discourse on the acknowledgement, explication, creation and measurement of different forms of value—intrinsic or instrumental, economic or symbolic. The chapter ends with a discussion of the potential incommensurability of the values dealt with in cultural policy.