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Commodified
Within a capitalist economic system, commodification is the transformation of things such as goods, services, ideas, nature, personal information, people or animals into objects of trade or commodities.For animals"United Nations Commodity Trade Statistics Database" UN ComTrade; Josephine Donovan, "Aestheticizing Animal Cruelty," ''College Literature'', 38(4), Fall 2011 (pp. 202–217), p. 203. For slaves as commodities, Appadurai 1986, pp. 84–85; David Hawkes, ''Shakespeare and Economic Theory'', Bloomsbury Publishing, 2015, p. 130. For body commodification, Lesley A. Sharp, "The Commodification of the Body and Its Parts," ''Annual Review of Anthropology'', 29, 2000 (pp. 287–328) p. 295ff. A commodity at its most basic, according to Arjun Appadurai, is "anything intended for exchange," or any object of economic value. Commodification is often criticized on the grounds that some things ought not to be treated as commodities—for example, water, education, data, information, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodification Of Nature
The commodification of nature is an area of research within critical environmental studies that is concerned with the ways in which natural entities and processes are made exchangeable through the market, and the implications thereof. Drawing upon the work of Karl Marx, Karl Polanyi, James O’Connor and David Harvey, this area of work is normative and critical,Prudham, William Scott (2009) ‘Commodification’, in Castree, Noel, et al. (eds) ''A Companion to Environmental Geography'', Oxford: Wiley-Blackwell, pp. 123-142. (p. 125) based in Marxist geography and political ecology. Theorists use a commodification framing in order to contest the perspectives of " market environmentalism," which sees marketization as a solution to environmental degradation. The environment has been a key site of conflict between proponents of the expansion of market norms, relations and modes of governance and those who oppose such expansion. Critics emphasize the contradictions and undesirabl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Surrogacy
Surrogacy is an arrangement, often supported by a legal agreement, whereby a woman agrees to delivery/labour for another person or people, who will become the child's parent(s) after birth. People may seek a surrogacy arrangement when pregnancy is medically impossible, when pregnancy risks are dangerous for the intended mother, or when a single man or a male couple wish to have a child. In surrogacy arrangements, monetary compensation may or may not be involved. Receiving money for the arrangement is known as commercial surrogacy. The legality and cost of surrogacy varies widely between jurisdictions, sometimes resulting in problematic international or interstate surrogacy arrangements. Couples seeking a surrogacy arrangement in a country where it is banned sometimes travel to a jurisdiction that permits it. In some countries, surrogacy is legal only if money does not exchange hands. Where commercial surrogacy is legal, couples may use the help of third-party agencies to a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodification Of The Womb
Commodification of the womb is the process by which services performed by the female womb are offered for sale and purchased on the market. Basically it is commercial surrogacy viewed from a Marxian standpoint. The market transaction reduces the womb to merely a service provider in the marketplace. In Marxian terms, the womb in its commodified state has both exchange value and use value. Market transactions involving the services of women's wombs became increasingly common in the early twenty-first century. Such transactions are generally relied upon by those unable to conceive and those who are willing to pay someone else to bear pregnancy. Commodification of the womb raises several ethical and legal questions, which have expanded from questions regarding the rights of surrogates and biological parents, and the legitimacy of a child resulting from the transaction, to questions regarding transnational surrogacy within a global market. History Background Through modernization of r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodification Of Water
The commodification of water refers to the process of transforming water, especially freshwater, from a public good into a tradable commodity also known as an economic good. This transformation introduces water to previously unencumbered market forces in the hope of being managed more efficiently as a resource. The commodification of water has increased significantly during the 20th century in parallel with fears over water scarcity and environmental degradation. Central to the emergence of the commodification of water was the view that public provision of water and government regulation of environmentally damaging behavior was ineffective. Commodification has its theoretical roots in neoclassical discourse whereby a good or service is assigned an economic value which prevents misuse. The commodification of water, although not a new phenomenon, is considered part of a more recent market-based approach to water governance which provokes both approval and disapproval from a range o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gøsta Esping-Andersen
Gøsta Esping-Andersen (; born 24 November 1947) is a Danish sociologist whose primary focus has been on the welfare state and its place in capitalist economies. Jacob Hacker describes him as the "dean of welfare state scholars." Over the past decade his research has moved towards family demographic issues. A synthesis of his work was published as ''Families in the 21st Century'' (Stockholm, SNS, 2016). Esping-Anderson is a pioneer of power resource theory. Academic career Esping-Andersen completed his doctoral studies at the University of Wisconsin-Madison, writing a dissertation under the supervision of Gerald Marwell. While at Madison, Esping-Andersen also studied with Erik Olin Wright and Aage B. Sørensen, as well as Maurice Zeitlin, who mentored Esping-Andersen until his departure from the University of Wisconsin in 1977. Esping-Andersen is professor emeritus at Pompeu Fabra University in Barcelona (Spain), and member of the Scientific Committee of the Juan March Ins ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Surveillance Capitalism
Surveillance capitalism is a concept in political economics which denotes the widespread collection and commodification of personal data by corporations. This phenomenon is distinct from government surveillance, though the two can reinforce each other. The concept of surveillance capitalism, as described by Shoshana Zuboff, is driven by a profit-making incentive, and arose as advertising companies, led by Google's AdWords, saw the possibilities of using personal data to target consumers more precisely. Increased data collection may have various advantages for individuals and society such as self-optimization (Quantified Self), societal optimizations (such as by smart cities) and optimized services (including various web applications). However, as Capitalism has become focused on expanding the proportion of social life that is open to data collection and data processing, there may come with significant implications for vulnerability and control of society as well as for privacy. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auction
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically. Auctions are applied for trade in diverse contexts. These contexts include antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, real estate, online advertising, vacation packages, emission trading, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, Property rights (economics), property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in Capital market, capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''Laissez-faire capitalism, laissez-faire'' or free-market capitalism, anarcho-capitalism, state capi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Premier League
The Indian Premier League (IPL), also known as TATA IPL for sponsorship reasons, is a men's T20 franchise cricket league of India. It is annually contested by ten teams based out of seven Indian cities and three Indian states. The league was founded by the Board of Control for Cricket in India (BCCI) in 2007. Brijesh Patel is the incumbent chairman of IPL. It is usually held annually in summer across India between March to May and has an exclusive window in the ICC Future Tours Programme. The IPL is the most-attended cricket league in the world and in 2014 was ranked sixth by average attendance among all sports leagues. In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube. The brand value of the IPL in 2022 was . According to BCCI, the 2015 IPL season contributed to the GDP of the Indian economy. So far there have been fifteen seasons of the IPL tournament. The current IPL title holder franchise is Gujarat Titans, winning t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slavery
Slavery and enslavement are both the state and the condition of being a slave—someone forbidden to quit one's service for an enslaver, and who is treated by the enslaver as property. Slavery typically involves slaves being made to perform some form of work while also having their location or residence dictated by the enslaver. Many historical cases of enslavement occurred as a result of breaking the law, becoming indebted, or suffering a military defeat; other forms of slavery were instituted along demographic lines such as race. Slaves may be kept in bondage for life or for a fixed period of time, after which they would be granted freedom. Although slavery is usually involuntary and involves coercion, there are also cases where people voluntarily enter into slavery to pay a debt or earn money due to poverty. In the course of human history, slavery was a typical feature of civilization, and was legal in most societies, but it is now outlawed in most countries of the w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organ Trade
Organ trade (also known as Red market) is the trading of human organs, tissues, or other body products, usually for transplantation.(Carney, Scott. 2011. "The Red Market." Wired 19, no. 2: 112–1. Internet and Personal Computing Abstracts.) According to the World Health Organization (WHO), organ trade is a commercial transplantation where there is a profit, or transplantations that occur outside of national medical systems. There is a global need or demand for healthy body parts for transplantation, which exceeds the numbers available. , there are more than 100,000 candidates waiting for organ transplant in the United States. The median wait time for heart and liver transplants in the U.S. between 2003 and 2014, was approximately 148 days. Average time waiting for donor organs varies significantly depending on the patients UNOS status. Patients listed as Heart Status A1 wait an average of 73 days. There is a worldwide shortage of organs available for transplantation, yet the com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Bash League
The Big Bash League (known as the KFC Big Bash League for sponsorship reasons, often abbreviated to BBL or Big Bash) is an Australian professional club Twenty20 cricket league, which was established in 2011 by Cricket Australia. The Big Bash League replaced the previous competition, the KFC Twenty20 Big Bash, and features eight city-based franchises instead of the six state teams which had participated previously. The competition has been sponsored by fast food-chicken outlet KFC since its inception. It is one of the two T20 cricket leagues, alongside the Indian Premier League, to feature amongst the List of sports attendance figures#Top 10 leagues in average attendance, top ten domestic sport leagues in average attendance. The winner of 2021–22 Big Bash League season, BBL 11 (2021/2022) was the Perth Scorchers who beat the Sydney Sixers by 79 runs in the final. BBL matches are played in Australia during the summer, in December, January and February. Out of the eight teams i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
