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The master-signifier is a signifier that points to ''itself'' instead of other signifiers. Žižek refers to Marx's conception of commodity fetishism as an example of a master-signifier:
<blockquote>Money refers to value as such, and all other commodities are thought of in terms of how much money one can get for them. That is, money as a commodity becomes self-referential -- money is worth (signifies) money , instead of being worth X number of commodities -- and all other commodities are worth (signify) money.<ref>Kotsko, Adam, ''Žižek and Theology'', 2008, 30.</ref> </blockquote>
Just as money in Marx's conception of commodity fetishism is in-itself devoid of value, the master-signifier is devoid of value, but provides a ''[[Point de capiton]]'' or quilting point around which other signifiers can stabilize.
