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The earliest use of the word "commodification" dates from 1975. [4] Use of the concept of commodification became common with the rise of critical discourse analysis in semiotics . [ 11 ] The terms commodification and commoditization are sometimes used synonymously, [ 12 ] to describe the process of making commodities out of goods, services, and ...
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.
Heritage commodification is the process by which cultural themes and expressions come to be evaluated primarily in terms of their exchange value, specifically within the context of cultural tourism. [1]
Community-based economics or community economics is an economic system that encourages local substitution. It is similar to the lifeways of those practicing voluntary simplicity, including traditional Mennonite, Amish, and modern eco-village communities. It is also a subject in urban economics, related to moral purchasing and local purchasing. [1]
In classical political economy and especially Karl Marx's critique of political economy, a commodity is any good or service ("products" or "activities") [1] produced by human labour [2] and offered as a product for general sale on the market. [3]
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."
community-life as interest-based, including sporting, leisure-based and business communities which come together for regular moments of engagement. community-life as proximately-related, where neighbourhood or commonality of association forms a community of convenience, or a community of place (see below). Projected community relations. This is ...