Skip to main content

SAGE Social Science Thesaurus

Search from vocabulary

Concept information

Preferred term

commodification  

Definition

  • Commodification enables things to circulate in a market system of exchange, that is, in a system that values above all else the exchangeability of all things. This substitutes a different relationship between things and their creators, and between things themselves as such, than prevailed before the contractual relations and the transfers of value that enable market exchanges. [Source: Encyclopedia of Law & Society: American and Global Perspectives; Commodification]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-T6BLBXDN-1

Download this concept: