What is the opposite of commodification?

What is the opposite of commodification?

The opposite of commodification is de-commodification. De-commodification imposes limits on the commodity character of goods and services traded on markets, but it does not provide for an alternative.

What is opposite of a commodity?

Depending on the context, the opposite of a commodity could be a finished Good, or a specialty. If you are referring to commodity as a raw material, then a refined and manufactured product would by the logical opposite.

How does something become commodified?

In commodification, subjectification of an object occurs when cultural values influence the exchange value of material objects, generally so that their value is more relative rather than their actual use value.

What commodified means?

Definition of commodify transitive verb. : to turn (something, such as an intrinsic value or a work of art) into a commodity attempts to commodify the water supply.

What is cultural commodification?

“Commodification” means transforming something into a product for commercial purposes, an item to be bought and sold in the market. Tangible cultural heritage may also be commodified, such as in the case of artworks intended to be sold commercially. …

What do you mean by commodification?

noun. the act or fact of turning something into an item that can be bought and sold: The commodification of water means that access is available only to those who can pay.

What does rare commodity mean?

Rare Commodities are unique Commodities that are exclusive to specific markets and only available in limited amounts. Unlike normal Commodities, they always rise in value the further away they are sold from their origin station, with their price peaking at 200 ly away.

What is another word for Manor?

Synonyms of manor

  • castle,
  • château,
  • estate,
  • hacienda,
  • hall,
  • manor house,
  • manse,
  • mansion,

What is another word for Bougie?

What is another word for bougie?

bourgie chichi
grandiose swank
showy splashy
contrived pompous
pretentious frilly

What is meant by 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.

What does commodified mean?

What is Commodified Knowledge. 1. Commodified knowledge, or Formal Knowledge is knowledge that is objective; it has been deliberately stripped of context and subjectivity, so that it can be communicated, traded, used and applied by anyone anywhere. It is often expressed in numerical of mathematic form, e.g finance and science.

What is considered a commodity?

A commodity is a type of widely-available product that is not markedly dissimilar from one unit to another. Within a category of commodity, one item or unit can be substituted for another with similar results. Examples of commodities, in the traditional sense, include sugar, wheat, rubber, fuel oil, cattle, gold,…

What is commodity really means?

A commodity is a basic good used in commerce that is interchangeable with other commodities of the same type.

  • Commodities are most often used as inputs in the production of other goods or services.
  • Investors and traders can buy and sell commodities directly in the spot (cash) market or via derivatives such as futures and options.
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