Knowledge

Commoditization

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608:, 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 626:, 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. 544: 537: 615:
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
530: 612:, the term is used interchangeably with commodification to describe the process of making commodities out of anything that was not available for trade previously. 629:
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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Process where unique economic goods become interchangeable in the eyes of consumers
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The Social Life of Things: Commodities in a Cultural Perspective
85: 684: 1108: 833: 808: 773: 597:. Hence, the key effect of commoditization is that the 1209: 1193: 1157: 1122: 1061: 1005: 998: 847: 731: 722: 573:and are distinguishable in terms of attributes ( 696: 538: 8: 1002: 728: 703: 689: 681: 545: 531: 36: 650: 50: 7: 565:is defined as the process by which 25: 604:This is not to be confused with 657:Appadurai, Arjun, ed. (1986). 371:Formalist–substantivist debate 1: 1180:List of commodities exchanges 624:Neo-classical economic theory 585:in the eyes of the market or 361:Critique of political economy 1242:Commodity status of animals 1232:Commodification of the womb 413:Anthropology of development 301:Colonialism and development 1331: 1289:List of traded commodities 661:. Cambridge UP, Cambridge. 29: 1284: 1227:Commodification of nature 1185:List of futures exchanges 581:) end up becoming simple 366:Original affluent society 311:The Anti-Politics Machine 1252:Heritage commodification 1237:Commodification of water 591:monopolistic competition 408:Heritage commodification 403:Nutritional anthropology 377:The Great Transformation 30:Not to be confused with 131:Inalienable possessions 1247:Fictitious commodities 1201:Commodity Exchange Act 326:People Without History 521:cultural anthropology 476:Bronisław Malinowski 187:Shifting cultivation 166:Provisioning systems 1018:Compressed hydrogen 769:Frozen orange juice 595:perfect competition 501:Harold K. Schneider 256:Gifting remittances 182:Nomadic pastoralism 144:Spheres of exchange 138:(commodity pathway) 949:Pork belly futures 639:Galápagos syndrome 436:Alexander Chayanov 388:Culture of poverty 290:(hunter-gatherers) 1297: 1296: 1153: 1152: 1062:Industrial metals 994: 993: 555: 554: 393:Political economy 383:Peasant economics 334:Political economy 197:Peasant economics 172:Hunting-gathering 16:(Redirected from 1322: 1175:Futures exchange 1170:Futures contract 1165:Commodity market 1003: 999:Hard commodities 729: 724:Soft commodities 705: 698: 691: 682: 675: 672:Hosts and Guests 668: 662: 655: 547: 540: 533: 496:Marshall Sahlins 451:Maurice Godelier 355:Related articles 343:Jim Crow economy 154:Cultural capital 139: 136:Singularization 37: 21: 1330: 1329: 1325: 1324: 1323: 1321: 1320: 1319: 1300: 1299: 1298: 1293: 1280: 1222:Commoditization 1217:Commodification 1205: 1189: 1149: 1123:Precious metals 1118: 1074:Aluminium alloy 1057: 990: 851:animal products 849: 843: 718: 716:commoditization 709: 679: 678: 669: 665: 656: 652: 647: 635: 617:Xerox#Trademark 606:commodification 563:commoditization 551: 511: 510: 441:Stanley Diamond 426: 425:Major theorists 418: 417: 398:State formation 356: 348: 347: 325: 324:Europe and the 210: 202: 201: 167: 159: 158: 137: 76:Commodification 71: 61: 35: 32:commodification 28: 23: 22: 15: 12: 11: 5: 1328: 1326: 1318: 1317: 1312: 1302: 1301: 1295: 1294: 1292: 1291: 1285: 1282: 1281: 1279: 1278: 1269: 1264: 1262:Exchange value 1259: 1257:Economic value 1254: 1249: 1244: 1239: 1234: 1229: 1224: 1219: 1213: 1211: 1207: 1206: 1204: 1203: 1197: 1195: 1191: 1190: 1188: 1187: 1182: 1177: 1172: 1167: 1161: 1159: 1155: 1154: 1151: 1150: 1148: 1147: 1142: 1137: 1132: 1126: 1124: 1120: 1119: 1117: 1116: 1111: 1106: 1101: 1096: 1091: 1086: 1081: 1076: 1071: 1065: 1063: 1059: 1058: 1056: 1055: 1050: 1045: 1040: 1035: 1030: 1025: 1020: 1015: 1009: 1007: 1000: 996: 995: 992: 991: 989: 988: 983: 978: 973: 968: 963: 958: 953: 952: 951: 941: 936: 931: 926: 921: 916: 911: 906: 901: 896: 891: 886: 881: 876: 871: 866: 861: 855: 853: 845: 844: 842: 841: 836: 831: 826: 821: 816: 811: 806: 801: 796: 791: 786: 781: 776: 771: 766: 761: 759:Cottonseed oil 756: 751: 746: 741: 735: 733: 726: 720: 719: 710: 708: 707: 700: 693: 685: 677: 676: 663: 649: 648: 646: 643: 642: 641: 634: 631: 571:economic value 553: 552: 550: 549: 542: 535: 527: 524: 523: 513: 512: 509: 508: 503: 498: 493: 488: 483: 478: 473: 468: 463: 458: 453: 448: 443: 438: 433: 427: 424: 423: 420: 419: 416: 415: 410: 405: 400: 395: 390: 385: 380: 373: 368: 363: 357: 354: 353: 350: 349: 346: 345: 339: 338: 336: 330: 329: 319: 318: 315: 314: 306: 305: 303: 297: 296: 291: 284: 283: 281: 275: 274: 269: 263: 262: 259: 258: 252: 251: 249: 243: 242: 236: 235: 232: 231: 226: 220: 219: 217: 211: 208: 207: 204: 203: 200: 199: 194: 189: 184: 179: 174: 168: 165: 164: 161: 160: 157: 156: 151: 149:Social capital 146: 141: 133: 128: 123: 118: 113: 108: 106:Redistribution 103: 98: 93: 88: 83: 78: 72: 70:Basic concepts 69: 68: 65: 64: 48: 47: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1327: 1316: 1313: 1311: 1308: 1307: 1305: 1290: 1287: 1286: 1283: 1277: 1273: 1270: 1268: 1265: 1263: 1260: 1258: 1255: 1253: 1250: 1248: 1245: 1243: 1240: 1238: 1235: 1233: 1230: 1228: 1225: 1223: 1220: 1218: 1215: 1214: 1212: 1210:Miscellaneous 1208: 1202: 1199: 1198: 1196: 1192: 1186: 1183: 1181: 1178: 1176: 1173: 1171: 1168: 1166: 1163: 1162: 1160: 1158:Organizations 1156: 1146: 1143: 1141: 1138: 1136: 1133: 1131: 1128: 1127: 1125: 1121: 1115: 1112: 1110: 1107: 1105: 1102: 1100: 1097: 1095: 1092: 1090: 1087: 1085: 1082: 1080: 1077: 1075: 1072: 1070: 1067: 1066: 1064: 1060: 1054: 1051: 1049: 1046: 1044: 1041: 1039: 1036: 1034: 1031: 1029: 1026: 1024: 1021: 1019: 1016: 1014: 1011: 1010: 1008: 1004: 1001: 997: 987: 984: 982: 979: 977: 974: 972: 969: 967: 964: 962: 959: 957: 954: 950: 947: 946: 945: 942: 940: 937: 935: 932: 930: 927: 925: 922: 920: 917: 915: 912: 910: 907: 905: 902: 900: 897: 895: 892: 890: 889:Feeder cattle 887: 885: 882: 880: 877: 875: 872: 870: 867: 865: 862: 860: 857: 856: 854: 852: 848:Animals & 846: 840: 837: 835: 832: 830: 827: 825: 822: 820: 817: 815: 812: 810: 807: 805: 802: 800: 797: 795: 792: 790: 787: 785: 782: 780: 777: 775: 772: 770: 767: 765: 762: 760: 757: 755: 752: 750: 747: 745: 742: 740: 737: 736: 734: 730: 727: 725: 721: 717: 713: 706: 701: 699: 694: 692: 687: 686: 683: 673: 667: 664: 660: 654: 651: 644: 640: 637: 636: 632: 630: 627: 625: 622:According to 620: 618: 613: 611: 607: 602: 600: 599:pricing power 596: 592: 588: 584: 580: 576: 572: 568: 564: 560: 548: 543: 541: 536: 534: 529: 528: 526: 525: 522: 518: 515: 514: 507: 504: 502: 499: 497: 494: 492: 489: 487: 484: 482: 479: 477: 474: 472: 471:Marvin Harris 469: 467: 464: 462: 461:Jane I. Guyer 459: 457: 456:David Graeber 454: 452: 449: 447: 446:Raymond Firth 444: 442: 439: 437: 434: 432: 431:Paul Bohannan 429: 428: 422: 421: 414: 411: 409: 406: 404: 401: 399: 396: 394: 391: 389: 386: 384: 381: 379: 378: 374: 372: 369: 367: 364: 362: 359: 358: 352: 351: 344: 341: 340: 337: 335: 332: 331: 328: 327: 321: 320: 317: 316: 313: 312: 308: 307: 304: 302: 299: 298: 295: 292: 289: 286: 285: 282: 280: 277: 276: 273: 270: 268: 267:Organ gifting 265: 264: 261: 260: 257: 254: 253: 250: 248: 245: 244: 241: 238: 237: 234: 233: 230: 229:Moka exchange 227: 225: 222: 221: 218: 216: 213: 212: 206: 205: 198: 195: 193: 192:Moral economy 190: 188: 185: 183: 180: 178: 175: 173: 170: 169: 163: 162: 155: 152: 150: 147: 145: 142: 140: 134: 132: 129: 127: 124: 122: 119: 117: 114: 112: 109: 107: 104: 102: 99: 97: 94: 92: 89: 87: 84: 82: 79: 77: 74: 73: 67: 66: 63: 57: 53: 49: 46: 44: 39: 38: 33: 19: 18:Commodization 1221: 944:Pork bellies 939:Pet industry 715: 671: 666: 658: 653: 628: 621: 614: 610:anthropology 603: 562: 561:literature, 556: 491:Karl Polanyi 486:Sidney Mintz 481:Marcel Mauss 375: 333: 322: 309: 300: 294:Batek people 279:Provisioning 278: 246: 214: 209:Case studies 126:Limited good 121:Gift economy 96:Embeddedness 62:anthropology 60:development 40: 1310:Commodities 1038:Natural gas 1033:Heating oil 909:Hide (skin) 899:Live cattle 824:Soybean oil 712:Commodities 583:commodities 288:Aché people 272:Shell money 215:Prestations 177:Pastoralism 101:Reciprocity 1304:Categories 1094:Molybdenum 789:Peanut oil 645:References 575:uniqueness 569:that have 466:Keith Hart 1272:Use value 1135:Palladium 1069:Aluminium 1023:Crude oil 986:Wool tops 976:Whalebone 859:Ambergris 779:Olive oil 587:consumers 506:Eric Wolf 224:Kula ring 1315:Business 1140:Platinum 894:Lean Hog 884:Feathers 874:Cashmere 799:Rapeseed 794:Potatoes 784:Palm oil 764:Flaxseed 633:See also 559:business 240:Potlatch 52:Economic 43:a series 41:Part of 1276:utility 1053:Uranium 1048:Thorium 1043:Propane 1028:Ethanol 966:Sponges 864:Bristle 819:Soybean 732:General 247:Gifting 91:Finance 56:applied 1145:Silver 1099:Nickel 1084:Copper 1079:Cobalt 1006:Energy 971:Tallow 914:Horses 869:Butter 814:Rubber 754:Cotton 749:Coffee 739:Barley 517:Social 116:Wealth 81:Barter 58:, and 1267:Price 1104:Steel 956:Sheep 919:Ivory 904:Goats 879:Civet 839:Wheat 829:Sugar 744:Cocoa 579:brand 567:goods 111:Value 1194:Laws 1130:Gold 1114:Zinc 1089:Lead 1013:Coal 981:Wool 961:Silk 934:Musk 929:Milk 924:Lard 804:Rice 714:and 519:and 86:Debt 1109:Tin 834:Tea 809:Rye 774:Oat 619:.) 593:to 577:or 557:In 1306:: 54:, 45:on 1274:/ 704:e 697:t 690:v 546:e 539:t 532:v 34:. 20:)

Index

Commodization
commodification
a series
Economic
applied
development
anthropology

Commodification
Barter
Debt
Finance
Embeddedness
Reciprocity
Redistribution
Value
Wealth
Gift economy
Limited good
Inalienable possessions
Singularization (commodity pathway)
Spheres of exchange
Social capital
Cultural capital
Hunting-gathering
Pastoralism
Nomadic pastoralism
Shifting cultivation
Moral economy
Peasant economics
Kula ring
Moka exchange

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