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 ?
Further, he believes the "inaction" also likely leaves open the group to more online pricing pressures and "keeps alive commodization risks." He does not rate E-Trade, has a Neutral rating on Ameritrade and Sell rating on Schwab.
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.
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.
These trends, or "fundamental processes" include what the authors term the "commodization" and "extemalization" of the region's agriculture and the "agriculturization ...
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.
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).