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decommodification

listen to the pronunciation of decommodification
الإنجليزية - التركية
(Ticaret) meta olmaktan çıkarma
الإنجليزية - الإنجليزية
(Ekonomi) Decommodification as a concept comes from the idea that in a market economy, citizens (and their labor) are commodified. Given that labor is a citizen's primary commodity in the market, decommodification refers to activities and efforts (generally by the government) that reduces citizen's reliance on the market (and their labor) for their well-being. In general, unemployment, sickness insurance and pensions are used to measure decommodification for comparisons of the welfare state (see Esping-Andersen 1990)
decommodification
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