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Commodification
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, informat ... [...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 ... [...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] |
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 ... [...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. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, 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 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'' or free-market capitalism, anarcho-capitalism, state capitalism and welfare capitalism. Different forms of capitalism feature varying ... [...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, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodity
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. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory. Popular commodities include crude oil, corn, and gold. Other definitions of commodity include something useful or valued and an alternative term for an economic good or serv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Martha Ertman
Martha Ertman (born c. 1964) is an American US law professor. She is the Carole & Hanan Sibel Research Professor of Law at the University of Maryland's Francis King Carey School of Law. She is an expert in family law and writes about contracts within relationships using her own family of three parents and a child as an example. Life Ertman was raised in Virginia. She and her siblings were raised in Wellesley where her mother edited "Wellesley Magazine", taught and her father, Gardner Ertman, who was an architect designed their house, and the local library. Ertman gained degrees at Wellesley and at Northwestern University. She worked in Louisiana as a legal clerk for a District Court judge and a lawyer in Seattle. She entered academica as a visiting law faculty member at the University of Michigan, the University of Connecticut and University of Oregon. She also laught law at the University of Utah and the University of Denver. In 2007 she moved to join the University of Marylan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Trafficking
Human trafficking is the trade of humans for the purpose of forced labour, sexual slavery, or commercial sexual exploitation for the trafficker or others. This may encompass providing a spouse in the context of forced marriage, or the extraction of organs or tissues, including for surrogacy and ova removal. Human trafficking can occur within a country or trans-nationally. Human trafficking is a crime against the person because of the violation of the victim's rights of movement through coercion and because of their commercial exploitation. Human trafficking is the trade in people, especially women and children, and does not necessarily involve the movement of the person from one place to another. People smuggling (also called ''human smuggling'' and ''migrant smuggling'') is a related practice which is characterized by the consent of the person being smuggled. Smuggling situations can descend into human trafficking through coercion and exploitation. Trafficked people a ... [...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 c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suppressed - Human Flesh At Auction
Suppression may refer to: Laws * Suppression of Communism Act *Suppression order a type of censorship where a court rules that certain information cannot be published * Tohunga Suppression Act 1907, an Act of the Parliament of New Zealand aimed to replace tohunga as traditional Māori healers with "modern" medicine Mathematics and science Biology, psychology and healthcare * Suppression (eye), of an eye is a subconscious adaptation by a person's brain to eliminate the symptoms of disorders of binocular vision such as strabismus, convergence insufficiency and aniseikonia * Appetite suppression * Bone marrow suppression, the decrease in cells responsible for providing immunity, carrying oxygen, and those responsible for normal blood clotting * Cough medicine, which may contain a cough suppressant, a medicinal drug used in an attempt to treat coughing * Expressive suppression, a psychological aspect of emotion regulation * Flash suppression, a phenomenon of visual perception in w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virginity Auction
A virginity auction is an auction, often publicized online, where a person seeks to sell their virginity. The winning bidder will win the right to be the first to have intercourse with the person. Often the authenticity of such auctions is subject to question, and it is not later verified whether the auction was successfully completed. A number of high-profile auctions such as the 2008 auction of "Natalie Dylan" and 2012 auction of Catarina Migliorini were never completed.Hoffer, Steven (24 August 2010)Are Virginity Auctions Recession-Proof?, ''AOL News'' In some cases, the seller reports they are seeking money to pay for expenses such as medical bills or school tuition; in others, the seller has pledged that some portion of the earnings will be given to charity, or emphasizes the social questions involved in selling one's virginity.Gordon, Claire (9 February 2010)How Much Is Virginity Worth ''Slate (magazine)'' The earliest reported attempts to auction virginity online date to at ... [...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] |
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