Commercialism is the application of both manufacturing and
consumption towards personal usage, or the practices, methods, aims, and distribution of products in a
free market geared toward generating a profit. Commercialism can also refer, positively or negatively, to corporate domination. Commercialism is often closely associated with the corporate world and
advertising
Advertising is the practice and techniques employed to bring attention to a Product (business), product or Service (economics), service. Advertising aims to present a product or service in terms of utility, advantages, and qualities of int ...
, and often makes use of advancements in technology.
Commercialism can also be used in a negative connotation to refer to the possibility within open-market
capitalism
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by ...
to exploit objects, people, or the environment for the purpose of private
monetary gain. As such, the related term "commercialized" can be used in a negative fashion, implying that someone or something has been despoiled by commercial or monetary interests.
See also
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Anti-consumerism
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Consumerism
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Corporatocracy
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Festivus
References
External links
The Culture of Commercialism: A Critique
Capitalism
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