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Thus, the "commodification" of a good or service often involves a considerable practical accomplishment in trade. It is a process that may be influenced not just by economic or technical factors, but also political and cultural factors, insofar as it involves property rights, claims to access to resources, and guarantees about quality or safety ...
Commodification is the process of transforming inalienable, free, or gifted things (objects, ... Karl Marx considered commodity a cell-form of capitalism.
The commodification of nature has its origins in the rise of capitalism.In England and later elsewhere, "enclosure" involved attacks upon and eventual near-elimination of the commons—a long, contested and frequently violent process Marx referred to as "primitive accumulation."
Marx never provided a complete definition of the capitalist mode of production as a short summary, although in his manuscripts he sometimes attempted one. In a sense, it is Marx's three-volume work Capital (1867–1894; sometimes known by its German title, Das Kapital), as a whole that provides his "definition" of the capitalist mode of ...
In Portrait of a Marxist as a Young Nun (1988), Professor Helena Sheehan said that the analogy between religious faith and commodity fetishism is a mistaken interpretation, because people do not worship commodities (money and merchandise) by attributing supernatural powers to inanimate objects, to a fetish. That the belief that value ...
The Marxist view of socialism served as a point of reference during the socialist calculation debate. Marx himself did not use the term socialism to refer to this development. Instead, Marx called it a communist society that has not yet reached its higher-stage. [8] The term socialism was popularized during the Russian Revolution by Vladimir ...
Simple commodity production (German: einfache Warenproduktion, also translated as petty commodity production), is a term coined by Friedrich Engels in 1894 when he had compiled and edited the third volume of Marx's Capital. [1]
Another explanation of labour-power can be found in the introduction and second chapter of Marx's Wage Labour and Capital (1847). [4] Marx also provided a short exposition of labour power in Value, Price and Profit (1865). [5] [6]