597:, which is the concept of objects or services being assigned an exchange value which they did not previously possess by their being produced and presented for sale, as opposed to personal use. One way to summarize the difference is that commoditization is about proprietary things becoming generic, whereas commodification is about nonsaleable things becoming saleable. In social sciences, particularly
615:, consumers can benefit from commoditization, since perfect competition usually leads to lower prices. Branded producers often suffer under commoditization, since the value of the brand (and ability to command price premiums) can be weakened.
533:
526:
604:
Commoditization can be the desired outcome of an entity in the market, or it can be an unintentional outcome that no party actively sought to achieve. (For example, see
519:
601:, the term is used interchangeably with commodification to describe the process of making commodities out of anything that was not available for trade previously.
618:
However, false commoditization can create substantial risk when premier products do have substantial value to offer, particularly in health, safety and security.
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of the manufacturer or brand owner is weakened: when products become more similar from a buyer's point of view, they will tend to buy the cheapest.
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Greenwood, D.J. (1977). "'Culture by the Pound: An
Anthropological Perspective on Tourism as Cultural Commoditization". In
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578:. It is the movement of a market from differentiated to undifferentiated price competition and from
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Process where unique economic goods become interchangeable in the eyes of consumers
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663:, ed. V. L. Smith, pp. 129-139. Philadelphia: University of Pennsylvania Press.
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The Social Life of Things: Commodities in a
Cultural Perspective
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586:. Hence, the key effect of commoditization is that the
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562:and are distinguishable in terms of attributes (
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554:is defined as the process by which
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593:This is not to be confused with
646:Appadurai, Arjun, ed. (1986).
360:Formalist–substantivist debate
1:
1169:List of commodities exchanges
613:Neo-classical economic theory
574:in the eyes of the market or
350:Critique of political economy
1231:Commodity status of animals
1221:Commodification of the womb
402:Anthropology of development
290:Colonialism and development
1320:
1278:List of traded commodities
650:. Cambridge UP, Cambridge.
18:
1273:
1216:Commodification of nature
1174:List of futures exchanges
570:) end up becoming simple
355:Original affluent society
300:The Anti-Politics Machine
1241:Heritage commodification
1226:Commodification of water
580:monopolistic competition
397:Heritage commodification
392:Nutritional anthropology
366:The Great Transformation
19:Not to be confused with
120:Inalienable possessions
1236:Fictitious commodities
1190:Commodity Exchange Act
315:People Without History
510:cultural anthropology
465:Bronisław Malinowski
176:Shifting cultivation
155:Provisioning systems
1007:Compressed hydrogen
758:Frozen orange juice
584:perfect competition
490:Harold K. Schneider
245:Gifting remittances
171:Nomadic pastoralism
133:Spheres of exchange
127:(commodity pathway)
938:Pork belly futures
628:Galápagos syndrome
425:Alexander Chayanov
377:Culture of poverty
279:(hunter-gatherers)
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1285:
1142:
1141:
1051:Industrial metals
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382:Political economy
372:Peasant economics
323:Political economy
186:Peasant economics
161:Hunting-gathering
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1164:Futures exchange
1159:Futures contract
1154:Commodity market
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988:Hard commodities
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713:Soft commodities
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661:Hosts and Guests
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485:Marshall Sahlins
440:Maurice Godelier
344:Related articles
332:Jim Crow economy
143:Cultural capital
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125:Singularization
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1211:Commoditization
1206:Commodification
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1112:Precious metals
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1063:Aluminium alloy
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840:animal products
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705:commoditization
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606:Xerox#Trademark
595:commodification
552:commoditization
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430:Stanley Diamond
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414:Major theorists
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748:Cottonseed oil
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1199:Miscellaneous
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611:According to
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460:Marvin Harris
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456:
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451:
450:Jane I. Guyer
448:
446:
445:David Graeber
443:
441:
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435:Raymond Firth
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420:Paul Bohannan
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256:Organ gifting
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181:Moral economy
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933:Pork bellies
928:Pet industry
704:
660:
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647:
642:
617:
610:
603:
599:anthropology
592:
551:
550:literature,
545:
480:Karl Polanyi
475:Sidney Mintz
470:Marcel Mauss
364:
322:
311:
298:
289:
283:Batek people
268:Provisioning
267:
235:
203:
198:Case studies
115:Limited good
110:Gift economy
85:Embeddedness
51:anthropology
49:development
29:
1299:Commodities
1027:Natural gas
1022:Heating oil
898:Hide (skin)
888:Live cattle
813:Soybean oil
701:Commodities
572:commodities
277:Aché people
261:Shell money
204:Prestations
166:Pastoralism
90:Reciprocity
1293:Categories
1083:Molybdenum
778:Peanut oil
634:References
564:uniqueness
558:that have
455:Keith Hart
1261:Use value
1124:Palladium
1058:Aluminium
1012:Crude oil
975:Wool tops
965:Whalebone
848:Ambergris
768:Olive oil
576:consumers
495:Eric Wolf
213:Kula ring
1304:Business
1129:Platinum
883:Lean Hog
873:Feathers
863:Cashmere
788:Rapeseed
783:Potatoes
773:Palm oil
753:Flaxseed
622:See also
548:business
229:Potlatch
41:Economic
32:a series
30:Part of
1265:utility
1042:Uranium
1037:Thorium
1032:Propane
1017:Ethanol
955:Sponges
853:Bristle
808:Soybean
721:General
236:Gifting
80:Finance
45:applied
1134:Silver
1088:Nickel
1073:Copper
1068:Cobalt
995:Energy
960:Tallow
903:Horses
858:Butter
803:Rubber
743:Cotton
738:Coffee
728:Barley
506:Social
105:Wealth
70:Barter
47:, and
1256:Price
1093:Steel
945:Sheep
908:Ivory
893:Goats
868:Civet
828:Wheat
818:Sugar
733:Cocoa
568:brand
556:goods
100:Value
1183:Laws
1119:Gold
1103:Zinc
1078:Lead
1002:Coal
970:Wool
950:Silk
923:Musk
918:Milk
913:Lard
793:Rice
703:and
508:and
75:Debt
1098:Tin
823:Tea
798:Rye
763:Oat
608:.)
582:to
566:or
546:In
1295::
43:,
34:on
1263:/
693:e
686:t
679:v
535:e
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521:v
23:.
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