decommodification

English - Turkish

Definition of decommodification in English Turkish dictionary

(Ticaret) meta olmaktan çıkarma

English - English

Definition of decommodification in English English dictionary

(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)