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Fictitious commodities information


The concept of fictitious commodities (or false commodities) originated in Karl Polanyi's 1944 book The Great Transformation and refers to anything treated as market commodity that is not created for the market, specifically land, labor, and money.[1]

  1. ^ Polanyi, Karl (2001) [1944]. The Great Transformation: The Political and Economic Origins of Our Time (2nd ed.). Beacon Press. ISBN 978-0807056431.

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Fictitious commodities

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The concept of fictitious commodities (or false commodities) originated in Karl Polanyi's 1944 book The Great Transformation and refers to anything treated...

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Commodity

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commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities...

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Commodification of nature

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pseudo- or fictitious commodities.: 1230  This basic fictitiousness is the origin of the material contradictions that arise when natural commodities are treated...

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Fictitious capital

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is fictitious; it is "money that is thrown into circulation as capital without any material basis in commodities or productive activity". Fictitious capital...

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Real estate

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Digital Global Information Knowledge Theory Bundle of rights Commodity fictitious commodities Common good (economics) Excludability First possession appropriation...

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Labour is not a commodity

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is not a commodity Commodity Fictitious commodities Labor theory of value Criticism of capitalism O'Higgins, P., 'Labour is not a Commodity' — an Irish...

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Intellectual property

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two- or three-dimensional pattern used to produce a product, industrial commodity or handicraft. Generally speaking, it is what makes a product look appealing...

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Double movement

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wherein all things are commodified, including what Polanyi terms "fictitious commodities": land, labor, and money. Second, a reactionary "countermovement"...

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John Locke

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land, which has value because "by its constant production of saleable commodities it brings in a certain yearly income". He considers the demand for money...

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The Wealth of Nations

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one's own labour can fill only a small part of one's needs. Different commodities have served as a common medium of exchange, but all nations have finally...

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Air rights

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Tax

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since poor people spend a higher proportion of their incomes on these commodities, so such exemptions make the tax more progressive. This is the classic...

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Community property in the United States

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Squatting

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the ultimate recipients of stolen land, for to regard our planet as a commodity offends every conceivable principle of natural rights." Others have a...

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Adam Smith

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Digital Global Information Knowledge Theory Bundle of rights Commodity fictitious commodities Common good (economics) Excludability First possession appropriation...

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Open access

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Digital Global Information Knowledge Theory Bundle of rights Commodity fictitious commodities Common good (economics) Excludability First possession appropriation...

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Inheritance

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Enclosure

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Game theory

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1950s, during which the concepts of the core, the extensive form game, fictitious play, repeated games, and the Shapley value were developed. The 1950s...

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Riparian water rights

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Crown land

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Real estate business

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Customary land

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Eminent domain

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Easement

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State ownership

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