Commodification - Meaning, Definition & English Examples
Commodification is the process of turning goods, services, or even ideas into marketable products, often emphasizing profit over intrinsic value. It is commonly discussed in economics and sociology.
Definition:
The process of treating something as a commodity or commercial product, often stripping its intrinsic value.
Synonyms:
commercialization, marketization, merchandising
Part of Speech:
noun
Antonyms:
decommodification, preservation
Common Collocations:
cultural commodification, commodification of art, commodification of nature
Derivatives:
commodify, commodified
Usage Tips:
Use "commodification" to describe when intangible or meaningful things are turned into marketable goods, often critically.
Common Phrases:
the commodification of culture, the commodification of love, the commodification of education
Etymology:
Derived from "commodity," originating from Latin "commoditas," meaning convenience or advantage, combined with "-fication" indicating a process.
Examples:
- 1. The artist criticized the commodification of creativity in modern society.
- 2. Tourism often leads to the commodification of local traditions and customs.
- 3. Social media accelerates the commodification of personal relationships and emotions.
- 4. Some argue that education suffers from excessive commodification in capitalist systems.