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The Critique of Commodification - Contours of a Post-Capitalist Society (Paperback)
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The Critique of Commodification - Contours of a Post-Capitalist Society (Paperback)
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In recent years activists around the globe have challenged the
commodification of water, education, health care, and other
essential goods, while academics have warned from unintended
effects when everything can be bought and sold. But what is
commodification? And what is the problem with commodification? In
The Critique of Commodification, Christoph Hermann argues that
commodification entails production for profit rather than social
needs, and that production for profit has a number of harmful
effects, including the exclusion of those who cannot pay, the
marginalization of those whose collective purchasing power is not
large enough, and the focus on highly profitable forms of
production over more socially beneficial and ecologically
sustainable alternatives. Drawing upon and extending the work of
Marx, Polyani, and Luxemburg, Hermann goes beyond the standard
moral critiques of markets and adopts a materialist approach to
emphasize the dispossession of public resources and to highlight
how goods and services are altered when sold on markets for profit.
Tracing the intellectual history of the term commodification, this
book not only criticizes commodification, but also proposes a new
model for production that focuses on needs rather than profits.
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