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In government terms, they are materials, usually raw materials that have a particular strategic significance to a government or nation, often in time of war. Their strategic need is because of their crucial importance for either economic or military purposes. Some materials are relatively simple, but are required in great quantities during wartime.
Commodity played a key role throughout Karl Marx's work; he considered it a cell-form of capitalism and a key starting point for an analysis of this politico-economic system. [16] Marx extensively criticized the social impact of commodification under the name commodity fetishism and alienation .
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
For an example from socialism with Chinese characteristics, while the Chinese economic reform has generally shifted funding sources for higher education from the government to individual students, the Chinese Communist Party also organized projects like Project 985 and Project 211 to retain government funding and therefore influence over ...
[8] Petroleum and copper are examples of commodity goods: [9] their supply and demand are a part of one universal market. Non-commodity items such as stereo systems have many aspects of product differentiation, such as the brand, the user interface and the perceived quality. The demand for one type of stereo may be much larger than demand for ...
Alienability is the capacity of a given commodity to be separated, physically and morally, from its seller. If a commodity is not alienable, it cannot be exchanged and is thus shielded from the market. [4]: 279–80 [30] For example, human organs might be privatized (owned by their bearer) but very rarely would they be considered alienable.
In a spectacular society, the system of commodity production generates a continual stream of images, for consumption by people who lack the experiences represented therein. The spectacle represents people solely in terms of their subordination to commodities, and experience itself becomes commodified.
Use-value as an aspect of the commodity coincides with the physical palpable existence of the commodity. Wheat, for example, is a distinct use-value differing from the use-values of cotton, glass, paper, etc. A use-value has value only in use, and is realized only in the process of consumption. One and the same use-value can be used in various ...