KOMODIPIKASYON

Successful man in a pile of gold coins

This is from the Spanish comodificación, a word from English.

komodipikasyon
commodification

To commodify something is to turn it into a commodity. For example, private companies may try to commodify the water supply. 💦

💧 Water is ideally free, but once it’s commodified, you will have to pay for it. 🚰

Within a capitalist economic system, commodification is the transformation of things that normally exist outside the market (goods, services, ideas, nature, personal information or people) into commodities or objects of trade.

In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

Oil is a commodity in high demand.

Examples of agricultural commodities include grain and corn.

Slavery is an extreme form of commodification, in which human beings are assigned an economic value and traded like common goods.

KAHULUGAN SA TAGALOG

Ang komodipikasyon ay ang proseso ng pagbibigay ng salaping halaga sa isang bagay na karaniwan ay hindi mabibili ng pera.

Halimbawa, ang pagtatalik ay natural na gawain sa pagitan ng dalawang tao na may pagmamalasakit sa isa’t isa, subalit nangyayari ang komodipikasyon ng seks sa lipunan kung saan mabiibili ng isang lalaki ang katawan ng isang babaeng walang damdamin sa kanya.

Isa pang halimbawa ay ang komodipikasyon ng tubig, lalo na ng pang-inom na tubig.

Leave a Reply

Your email address will not be published. Required fields are marked *