commodification
nounUK /kəˌmɒ.dɪ.fɪˈkeɪ.ʃən/ · US /kəˌmɑ.dɪ.fɪˈkeɪ.ʃən/
Etymology From commodify + -ification.
1
The assignment of a commercial value to something previously without such value.
- Near-synonyms: commercialization, monetization
- Subcultures tend to go through continual cycles of commodification and resistance to that commodification.2006, Ross Haenfler, Straight Edge: Hardcore Punk, Clean-Living Youth, and Social Change:
1 more example
- One drizzly morning, I joined a political walking tour to hear former combatants of the Troubles show off Belfast landmarks and tell their stories. Almost everything about this notion piqued my curiosity: the commodification of violence into a tourist product; the idea that “politics” was actually history.2023 November 21, Megan K. Stack, “Is Ireland Headed for a Merger?”, in The New York Times:
2
The transformation from being commercialized on a nonfungible basis into becoming a commodity that is fungible.
- A company that innovates to achieve the commercialization of a technology often must shift strategy some decades later in response to the advent of that technology's commodification.
- Derived terms
- decommodification, noncommodification, recommodification
- Related terms
- commodify, commodityism, consumerization