What does commodification mean?

Definitions for commodification
com·mod·i·fi·ca·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word commodification.

Wiktionary

  1. commodificationnoun

    The assignment of a commercial value to something previously valueless.

Wikipedia

  1. Commodification

    Within a capitalist economic system, commodification is the transformation of things such as goods, services, ideas, nature, personal information, people or animals into objects of trade or commodities. A commodity at its most basic, according to Arjun Appadurai, is "anything intended for exchange," or any object of economic value.Commodification is often criticized on the grounds that some things ought not to be treated as commodities—for example, water, education, data, information, knowledge, human life, and animal life.

Wikidata

  1. Commodification

    Commodification is the transformation of goods and services, as well as ideas or other entities that normally may not be considered goods, into a commodity. The Marxist understanding of commodity is distinct from the meaning of commodity in mainstream business theory. Commodity played a key role throughout Marx's oeuvre, he considered it a cell-form of capitalism and a key starting point for an analysis of this politico-economic system. The earliest use of the word commodification in English attested in the Oxford English Dictionary dates from 1975. Use of the concept of commodification became common with the rise of critical discourse analysis in semiotics.

U.S. National Library of Medicine

  1. Commodification

    The social process by which something or someone comes to be regarded and treated as an article of trade or commerce.

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Numerology

  1. Chaldean Numerology

    The numerical value of commodification in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of commodification in Pythagorean Numerology is: 5

Popularity rank by frequency of use

commodification#10000#94009#100000

Translations for commodification

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"commodification." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/commodification>.

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