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Commercialism
 
 
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Commercialism, in its original meaning, is the practices, methods, aims, and spirit of commerce
Commerce

Commerce is a division of trade or production, costs, and pricing which deals with the Trade of goods and service from production, costs, and pricing to final consumer....
 or business
Business

A business is a legally recognized organization designed to provide good s and/or Service to consumers. Businesses are predominant in capitalism economies, most being privately owned and formed to earn profit that will increase the wealth of its owners....
. Today, however, it primarily refers to the tendency within capitalism
Capitalism

Capitalism is an economic system in which wealth, and the means of producing wealth, are private property and controlled rather than commonly, publicly, or state-owned and controlled....
 to turn everything into objects, images, and services sold for the purpose of generating profit
Net income

Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. Net income can be distributed among holders of common stock as a dividend or held by the firm as retained earnings....
. There is also a tendency for intangible things such as happiness, beauty, or health to be given a monetary value or to be spoken of as commodities.

Commercialism can also refer to the domination of things by business/corporate interests, or the exploitation of intangible things for private gain.

Commercialism is often closely associated with the corporate world and advertising, and often takes advantage of advancements in technology.

The related term "commercialized" is often used in a disparaging fashion, implying that someone or something has been despoiled by commercial or monetary interests.






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Commercialism, in its original meaning, is the practices, methods, aims, and spirit of commerce
Commerce

Commerce is a division of trade or production, costs, and pricing which deals with the Trade of goods and service from production, costs, and pricing to final consumer....
 or business
Business

A business is a legally recognized organization designed to provide good s and/or Service to consumers. Businesses are predominant in capitalism economies, most being privately owned and formed to earn profit that will increase the wealth of its owners....
. Today, however, it primarily refers to the tendency within capitalism
Capitalism

Capitalism is an economic system in which wealth, and the means of producing wealth, are private property and controlled rather than commonly, publicly, or state-owned and controlled....
 to turn everything into objects, images, and services sold for the purpose of generating profit
Net income

Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. Net income can be distributed among holders of common stock as a dividend or held by the firm as retained earnings....
. There is also a tendency for intangible things such as happiness, beauty, or health to be given a monetary value or to be spoken of as commodities.

Commercialism can also refer to the domination of things by business/corporate interests, or the exploitation of intangible things for private gain.

Commercialism is often closely associated with the corporate world and advertising, and often takes advantage of advancements in technology.

The related term "commercialized" is often used in a disparaging fashion, implying that someone or something has been despoiled by commercial or monetary interests. The holiday
Holiday

The words holiday or vacation have related meanings in different English language countries and continents, but will usually refer to one of the following activities or events:...
, Christmas
Christmas

Christmas , also referred to as Christmas Day, is an annual holiday celebrated on December 25 that commemorates the birth of Jesus. The day marks the beginning of the larger season of Christmastide, which lasts Twelve Days of Christmas....
, is a noteworthy example of this concern, with denunciations of the occasion's corruption dating as far back as 1850.

In basic economic terms, commercialism is when both the manufacturing and consumption are geared towards personal usage.

See also


  • Laissez-faire
    Laissez-faire

    Laissez-faire is a term used to describe a policy of allowing events to take their own course. The term is a French language phrase literally meaning "let do"....
  • Corporation
    Corporation

    A corporation is a legal entity separate from the persons that form it. It is a legal entity owned by individual stockholders. In British tradition it is the term designating a body corporate, where it can be either a corporation sole or a corporation aggregate ....
  • Productivism
    Productivism

    Productivism is the belief that measurable Productivity and economic growth is the purpose of human organization , and that "more production is necessarily good"....
  • Free market
    Free market

    A free market is a market that is free of government intervention and regulation, besides the minimal function of maintaining the legal system and protecting property rights, and is also free of private force and fraud....
  • Economic materialism
    Economic materialism

    Materialism refers to how a person or group chooses to spend their factors of production, particularly money and time. Literally, a materialist is a person for whom collecting material goods is an important priority....
  • Consumerism
    Consumerism

    Consumerism is the equation of personal happiness with Consumption and the purchase of material possessions.The term is often associated with criticisms of consumption starting with Thorstein Veblen....
  • Over-consumption
    Over-consumption

    Over-consumption is a theory related to overpopulation, referring to situations where per capita Consumption is so high that even in spite of a moderate population density, sustainability is not achieved....
  • Consumption
    Consumption (economics)

    Consumption is a common concept in economics, and gives rise to derived concepts such as consumer debt. Generally consumption is defined by opposition to Production theory basics....
  • List of things which are neither production nor consumption
  • Post-materialism
    Post-materialism

    The theory of Post-materialism assumes an ongoing transformation of individuals and society which liberates them gradually from the stress of basic acquisitive or materialistic needs....