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Digital tracking, like cookies, have further commodified the use of the internet, giving each click, view, or stream, monetary value, even if it is an interaction with free content. Commodification of public goods
In business literature, commoditization is defined as the process by which goods that have economic value and are distinguishable in terms of attributes (uniqueness or brand) end up becoming simple commodities in the eyes of the market or consumers.
In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
Once commodified an economic good can be bought or sold at a price determined by market exchange, and as such market values replace social values previously attached to the good. [1] It is this transformation from a public good to an economic good that neoliberals claim leads to better management and allocation of a resource, such as water.
In the end, Lutnick argued tariffs mean “the economy of the United States will be much, much better.” CNN’s Matt Egan, Elisabeth Buchwald, Alicia Wallace, Kayla Tausche and Paula Newton ...
I was commodified and exploited. I was sort of a thing as opposed to a human being,” she says. "It was pretty lonely," says Alanis Morissette of her experience following the release of her 1995 ...
The commodification of nature is an area of research within critical environmental studies that is concerned with the ways in which natural entities and processes are made exchangeable through the market, and the implications thereof.
That doesn't mean corn is inherently bad for the general public, though. Thomason notes that it still provides essential nutrients including fiber, B vitamins and "antioxidants like lutein and ...