commodity
A commodity is the form a product takes when the material means of existence are organized through exchange. Commodities have two values: their immediate use in satisfying some need or desire, and their use as vehicles of exchange. Money is simply a measure of the second kind of value, enabling different goods to be commensurated in the market. Commodity fetishism is, in Marxist thought, the process whereby the products of labour come to appear to have an independent value separated from the labour of the people who created them. The role commodities have in exchange disguises the way that their value ought to be entirely derivative from the labour that produces them. In the analysis of Lukács all human relationships come to be treated as commodities, a species of false consciousness characteristic of capitalist ideology.

Philosophy dictionary. . 2011.

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  • commodity — com·mod·i·ty /kə mä də tē/ n pl ties: a class of economic goods; esp: an item of merchandise (as soybeans) whose price is the basis of futures trading Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. commodity …   Law dictionary

  • Commodity — Saltar a navegación, búsqueda Artículo principal: Commodity en inglés Una commodity, en inglés el término original, es un bien o servicio para el que existe demanda, pero que es provisto sin gran aportación de valor por el mercado. Se trata de un …   Wikipedia Español

  • Commodity — Com*mod i*ty, n.; pl. {Commodities}. [F. commodit[ e], fr. L. commoditas. See {Commode}.] 1. Convenience; accommodation; profit; benefit; advantage; interest; commodiousness. [Obs.] [1913 Webster] Drawn by the commodity of a footpath. B. Jonson.… …   The Collaborative International Dictionary of English

  • commodity — early 15c., benefit, profit, welfare; later a convenient or useful product, from M.Fr. commodité benefit, profit, from L. commoditatem (nom. commoditas) fitness, adaptation, convenience, advantage, from commodus suitable, convenient (see COMMODE… …   Etymology dictionary

  • commodity — /koˈmɔditi, ingl. kəˈmHdɪtɪ/ [vc. ingl., propr. «comodità, cosa utile»] s. f. inv. (econ.) materia prima, bene primario …   Sinonimi e Contrari. Terza edizione

  • commodity — [n] merchandise, possession article, asset, belonging, chattel, goods, line, material, object, produce, product, property, specialty, stock, thing, vendible, ware; concepts 338,710 …   New thesaurus

  • commodity — ► NOUN (pl. commodities) 1) a raw material or agricultural product that can be bought and sold. 2) something useful or valuable. ORIGIN Latin commoditas, from commodus convenient …   English terms dictionary

  • commodity — [kə mäd′ə tē] n. pl. commodities [ME & OFr commodite, benefit, profit < L commoditas, fitness, adaptation < commodus: see COMMODE] 1. any useful thing 2. anything bought and sold; any article of commerce 3. [pl.] basic items or staple… …   English World dictionary

  • Commodity — Wares redirects here. For the online distribution of copyrighted goods, see Warez …   Wikipedia

  • commodity — 01. Basic [commodities] such as rice and corn are heavily subsidized by the government. 02. The stocks were once a much desired [commodity], but have since lost over 70% of their original value. 03. In the desert, ice is an invaluable [commodity] …   Grammatical examples in English

  • Commodity —    According to Karl Marx, the commodity is the cornerstone of capitalism and commodity production is a key defining characteristic of capitalism. Marx begins his investigation of capitalism in Capital with an analysis of the commodity. A… …   Historical dictionary of Marxism

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