Decommodification

In political economy, decommodification is a recently-developed word indicating the strength of social entitlement to goods and services, and citizens' degree of immunization from market dependency. In regard to the labor force, decommodification describes a "degree to which individuals, or families, can uphold a socially acceptable standard of living independently of market participation". While commodification is the transformation of goods, services, ideas and people into commodities or objects of trade, decommodification in employment terms means the "extent that workers can leave the labor market through choice". The term "decommodification" has also been applied to the processes through which goods and services can be made available commercially without entailing the "commodification" of the workforce which produces or provides them.

In political economy, decommodification is a recently-developed word indicating the strength of social entitlement to goods and services, and citizens' degree of immunization from market dependency. In regard to the labor force, decommodification describes a "degree to which individuals, or families, can uphold a socially acceptable standard of living independently of market participation". While commodification is the transformation of goods, services, ideas and people into commodities or objects of trade, decommodification in employment terms means the "extent that workers can leave the labor market through choice". The term "decommodification" has also been applied to the processes through which goods and services can be made available commercially without entailing the "commodification" of the workforce which produces or provides them.

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