commodification etymology

Etymology and Origin

The term "commodification" is derived from the Latin word "commŏdāre," meaning "to lend." It entered the English language in the 16th century.

Meaning

Commodification refers to the process of converting something into a commodity, which is a product or service that is bought and sold in a market. When something is commodified, it becomes subject to the laws of supply and demand, and its value is determined by its market price.

Origin

The concept of commodification emerged in the 17th century with the rise of capitalism. As capitalism expanded, more and more aspects of human life were transformed into commodities that could be bought and sold for profit. This included not only physical goods but also ideas, services, and even people.

Examples

Examples of commodification include:

• The sale of food, clothing, and shelter
• The sale of education, healthcare, and other services
• The sale of labor (wages)
• The sale of human organs or body parts
• The sale of intellectual property (copyrights, patents)

Criticisms

Commodification has been criticized for a number of reasons, including:

• It can lead to the exploitation of people and the environment.
• It can devalue important aspects of human life, such as relationships and culture.
• It can create a society in which everything is for sale, undermining social cohesion and solidarity.

commodification relate terms

• commodity

  Etymology The word commodity is derived from the Latin term commoditas which means

• commodify

  Etymology From Late Latin commodificare from com with together modus manner

• commodification

  Etymology and Origin The term commodification is derived from the Latin word commŏdā

• crumb

  Etymology The word crumb derives from the Old English word cruma meaning fragment

• smorgasbord

  Etymology The word smorgasbord comes from the Swedish words smör butter and gåsb

• offend

  Etymology The word offend originated from the Latin word offendere which means to s

• integrity

  Etymology Latin integritas from integer meaning whole unbroken complete Me

• tarot

  Etymology The word tarot is derived from the Italian word tarocchi which in turn ori

• skinflint

  Etymology From earlier skin flint meaning a person who holds tightly to his her money

• peace

  Etymology Old English pǣċ treaty pact peace Proto Germanic fraþuz treaty pa

• constipation

  Etymology The word constipation is derived from the Latin word constipare which mean

• peremptory

  Etymology peremptory adj Middle English peremptorie 15th century from Latin pere