commodification

(redirected from Commodization)

commodification

the process by which goods and services are increasingly produced for the market. Compare SUBSISTENCE ECONOMY.
References in periodicals archive ?
Instead, "the commodization of education that has resulted from the neoliberal structural adjustment policies in the 1990s" allowed for students and teachers to find easy solutions for passing exams.
On the one hand, it will allow citizens to reimburse losses to the citizens due to rising prices, on the other - to increase the level of commodization of the domestic market and to enlarge domestic consumption", said Arseniy Yatsenyuk.
This is part of a great commodization wave sweeping enterprises, in which organizations look to assemble solutions from components and software assembled and maintained by communities of interest.
He reminded attendees that the coffee industry is faced with many challenges, from commodization affecting coffee quality, to poverty and food insecurity in developing countries, to adverse working conditions and low wages, and limited access to markets and fair prices.
Not surprisingly, mail order/online represents the commodization trend, with 49% of customers indicating they never interact with a pharmacist and another 30% rarely doing so.
1986, <<The Cultural Biography of Things: Commodization as Process>>: 6491, in A.
Even though popular culture manifestations ranging from musical bands, fashion, style, and mass media imagery show that younger generations of indigenous men and women in North and Latin America are inclined to assimilate into the mainstream and to leave traditional heritages behind, this essay focuses on alternative responses to the commodization of culture.
As laborers are wrenched from 'a peasant mode of production, in which the direct producers control means of production and organize work themselves' and projected into a 'capitalist mode of production, in which they control neither the material of labor nor its organization', the subjects crossing that threshold produce devil-beliefs as a means of registering 'the process of the proletarianization of the peasant and to the commodization of the peasant's world'.
Levins and Lewontin highlight exactly this situation, following the discussion of Lysenko immediately with a chapter entitled, "The Commodization of Science," whose very first line is, "Modern science is a product of capitalism" (197).
This was a year of transition for the industry, marked by raw materials volatility, increased global competition and commodization of products in certain segments," said Dennis Norman, vice president--strategic planning and communication for PGI Nonwovens.
Commodization is a real threat and often an unavoidable outcome as imitation becomes a preferred pattern of competition.