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Commodity fetishism

 

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Commodity fetishism



 
 
In Marxist
Marxism

Marxism is the political philosophy and practice derived from the work of Karl Marx and Friedrich Engels. Marxism holds at its core a Marxist analysis of Critique of capitalism and a theory of social change....
 theory, commodity fetishism is a state of social relations, said to arise in capitalist market based societies, in which social relationships are transformed into apparently objective relationships between commodities or money. The term is introduced in the opening chapter of Karl Marx's
Karl Marx

Karl Heinrich Marx was a Germanphilosophy, political economy, historian, sociologist, humanism, political theorist and revolutionary credited as the founder of communism....
 main work of political economy
Political economy

Political economy originally was the term for studying production, buying and selling, and their relations with law, custom, and government. Political economy originated in moral philosophy....
, Capital
Capital, Volume I

Capital, Volume I is the first of three volumes in Karl Marx's monumental work, Das Kapital, and the only volume to be published during his lifetime....
, of 1867.

As it relates to commodities specifically, commodity
Commodity

A commodity is anything for which there is demand, but which is supplied without qualitative product differentiation across a market. It is a product that is the same no matter who produces it, such as petroleum, notebook paper, or milk....
 fetishism
Fetishism

A fetish is an object believed to have supernatural powers, or in particular, a man-made object that has power over others. Essentially, fetishism is the attribution of inherent value or powers to an object....
 is the belief that value inheres in commodities instead of being added to them through labor.






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In Marxist
Marxism

Marxism is the political philosophy and practice derived from the work of Karl Marx and Friedrich Engels. Marxism holds at its core a Marxist analysis of Critique of capitalism and a theory of social change....
 theory, commodity fetishism is a state of social relations, said to arise in capitalist market based societies, in which social relationships are transformed into apparently objective relationships between commodities or money. The term is introduced in the opening chapter of Karl Marx's
Karl Marx

Karl Heinrich Marx was a Germanphilosophy, political economy, historian, sociologist, humanism, political theorist and revolutionary credited as the founder of communism....
 main work of political economy
Political economy

Political economy originally was the term for studying production, buying and selling, and their relations with law, custom, and government. Political economy originated in moral philosophy....
, Capital
Capital, Volume I

Capital, Volume I is the first of three volumes in Karl Marx's monumental work, Das Kapital, and the only volume to be published during his lifetime....
, of 1867.

As it relates to commodities specifically, commodity
Commodity

A commodity is anything for which there is demand, but which is supplied without qualitative product differentiation across a market. It is a product that is the same no matter who produces it, such as petroleum, notebook paper, or milk....
 fetishism
Fetishism

A fetish is an object believed to have supernatural powers, or in particular, a man-made object that has power over others. Essentially, fetishism is the attribution of inherent value or powers to an object....
 is the belief that value inheres in commodities instead of being added to them through labor. This is the root of Marx's critique relating to conditions surrounding fetishism—that capitalists "fetishize" commodities, believing that they contain value, and the effects of labor are misunderstood.

Marx's use of the term fetish can be interpreted as an ironic comment on the "rational", "scientific" mindset of industrial
Industrialisation

Industrialization is the process of social and economic change whereby a human group is transformed from a pre-industrial society into an industry one....
 capitalist societies. In Marx's day, the word was primarily used in the study of primitive religions; Marx's "fetishism of commodities" might be seen as proposing that just such primitive belief systems exist at the heart of modern society. In most subsequent Marxist thought, commodity fetishism is defined as an illusion arising from the central role that private property plays in capitalism's social processes. It is a central component of the dominant ideology
Dominant ideology

The dominant ideology, in Marxist theory, is the set of common values and beliefs shared by most people in a given society, Framing how the majority think about a range of topics, the dominant ideology is understood in Marxism to reflect, or serve, the interests of the dominant social class in that society - if the dominant ideology conflict...
 in capitalist societies.

Marx's argument

According to Marx, people value objects that they can use (i.e. objects that have "use-value"), and most things people can use are produced through isolated human labor. In societies with exchange, however, people can use one object to acquire another through exchange; goods thus take on "exchange-value". Even when people barter or exchange gifts, such exchanges can be used to cement or extend social relationships. People within capitalist societies find their material life organized through the medium
Commodity

A commodity is anything for which there is demand, but which is supplied without qualitative product differentiation across a market. It is a product that is the same no matter who produces it, such as petroleum, notebook paper, or milk....
 of commodities. They trade their labour-power (which in Marx's view is a commodity) for a special commodity, money
Money

Money is anything that is generally accepted as payment for goods and services and repayment of debts. The main uses of money are as a medium of exchange, a unit of account, and a store of value....
, and use that commodity to claim various other commodities produced by other people.

In capitalist societies, however, there is a labor market; rather than being seen as the source of use-values, labor itself becomes another commodity and takes on an exchange-value. Thus, labor is devalued. Conversely, commodities are seen as having power over the people who produce them.

In general, commodity fetishism tends to replace inter-human relationships with relationships between humans and objects: for example, the relationship between producer and consumer is obscured. The producer can only see his relationship with the object he produces, being unaware of the people who will ultimately use that object. Similarly, the consumer can only see his relationship with the object he uses, being unaware of the people who produced that object. Thus, commodity fetishism ensures that neither side is fully conscious of the political and social positions they occupy. The object of Marxist critique is to reveal the social relations that are hidden behind relations among objects, and to reveal the creativity of the worker hidden behind the objectification of human beings.

In terms of theories of value
Theory of value (economics)

"Theory of value" is a generic term which encompasses all the theories within economics that attempt to explain the exchange value or price of goods and Service ....
, the "use-value," the usefulness of a product is abstracted from the "exchange-value," the marketplace value of a product derived from its demand.

An example is that a pearl or a lump of gold is worth more than a horseshoe or a corkscrew. This abstraction is referred to as "fetishism." (The term "social" is used by Marx to refer to the essential organization of a society
Society

A society is a group of humans characterized by patterns of relationships between individuals that share a distinctive culture and/or institutions....
, i.e., to those processes by which a society allocates the tasks necessary to its survival.) Under this system producers
Production, costs, and pricing

In microeconomics, industrial organization is the field which describes the behavior of firms in the marketplace with regard to production, pricing, employment and other decisions....
 and consumers have no direct human contact or conscious agreements to provide for one another. Their productions take on a property form, meet and exchange in a marketplace, and return in property form. Production and consumption are private experiences of person to commodity and material self-interest, not person to person and communal interest.

The work of social relations seems to be conducted by commodities amongst themselves, out in the marketplace. The market appears to decide who should do what for whom. Social relationships are confused with their medium, the commodity. The commodity seems to be imbued with human powers, becoming a fetish of those powers. Human agents are denied awareness of their social relations, becoming alienated
Social alienation

In sociology and critical social theory, alienation refers to an individual's estrangement from traditional community and others in general. It is considered by many that the Atomism of modernity means that individuals have shallower relations with other people than they would normally....
 from their own social activity. As a consequence of commodity fetishism, the basic political issues involved in social relationships are obscured, from both exploiter
Exploitation

The term "exploitation" may carry two distinct meanings:# The act of utilizing something for any purpose. In this case, exploit is a synonym for use....
 and exploited
Exploitation

The term "exploitation" may carry two distinct meanings:# The act of utilizing something for any purpose. In this case, exploit is a synonym for use....
. Commodity fetishism ensures that neither side is fully conscious of the political positions they occupy. Hence the commodity can be seen as the basic unit of social relations in Capitalism.

It is important to remember, as philosopher Slavoj Zizek points out, that according to Marx, we cannot see the commodity fetish as simply an illusion to be dispelled by critical awareness -- hence Marx's "theological niceties" -- it is instead not a secret, as everyone well knows, that it is a concrete unit of open social exchange, as for example a coin which is treated not as a physical, perishable thing -- since it is replaced automatically by the mint. Yet currencies seem to have a life of their own, going up and down unpredictably, but this is only because we treat them according to their own "real" concept. To quote Marx,

After Marx


The fetishism of commodities has proven fertile material for work by other theorists since Marx, who have added to, adapted, or, perhaps, "vulgarized" the original concept. Sigmund Freud's well-known but unrelated theory of sexual fetishism led to new interpretations of commodity fetishism, as types of sexually charged relationships between a person and a manufactured object.

György Lukács based History and Class Consciousness
History and Class Consciousness

Georg Luk?cs' History and Class Consciousness Class consciousness, as described by Georg Luk?cs's famous History and Class Consciousness , is opposed to any psychology conception of consciousness, which forms the basis of individual or mass psychology ....
 (1923) on Marx's notion, developing his own notion of commodity reification
Reification

Reification may refer to:*Reification , making a data model for a previously abstract concept*Reification , fallacy of treating an abstraction as if it were a real thing...
 as the key obstacle to class consciousness
Class consciousness

Overview Class consciousness, literally, is consciousness of one's social class or economic rank in society. From the perspective of Marxist theory, it refers to the self-awareness or lack thereof, of a particular class, its capacity to act in its own rational interests, or a measure or assessment of the extent to which an individual o...
. Lukács's work was a significant influence on later philosophers such as Guy Debord
Guy Debord

Guy Ernest Debord was a French Marxist theorist, writer, filmmaker, Hypergraphics and founding member of the groups Lettrist International and Situationist International ....
 and Jean Baudrillard
Jean Baudrillard

Jean Baudrillard was a France culture theory, sociologist, philosopher, political commentator, and photographer. His work is frequently associated with postmodernism and post-structuralism....
. Debord developed a notion of the spectacle that ran directly parallel to Marx's notion of the commodity; for Debord, the spectacle made relations among people seem like relations among images (and vice versa). The spectacle is the form taken by society once the instruments of cultural production have become wholly commoditized and exposed to circulation. Debord's work should be seen as a confirmation of the existence of what Marx's critique would seem to predict as, within it, the intimacies of intersubjective and personal self-relating are critiqued as already being affected by commodification. In the work of the semiotician
Semiotics

'Semiotics, also called semiotic studies or semiology, is the study of sign processes , or signification and communication, sign and symbols, both individually and grouped into sign systems....
 Baudrillard, commodity fetishism is deployed to explain subjective feelings towards consumer goods in the "realm of circulation", that is, among consumers. Baudrillard was especially interested in the cultural mystique added to objects by advertising
Advertising

Advertising is a form of communication that typically attempts to persuade potential customers to Purchasing or to consume more of a particular brand of Product or Service ....
, which encourages consumers to purchase them as aids to the construction of their personal identity
Cultural identity

Cultural identity is the Identity of a group or culture, or of an individual as far as he or she is influenced by her belonging to a group or culture....
. In For a Critique of the Political Economy of the Sign (1972), Baudrillard develops a notion of the sign that, like Debord's notion of spectacle, runs alongside Marx's commodity.

Other theorists have been concerned with the social status of the producers of consumer items relative to their consumers. For example, the person who owns a Porsche
Porsche

Porsche SE or Porsche is a Germany automotive industry of luxury vehicle automobiles, which is majority-owned by the Porsche family and Pi?ch families....
 has more prestige than the people working on the assembly-line that produced it. But this version of commodity fetishism refers to more—the belief that the car (or any manufactured object) is more important than people, and confers special powers beyond material utility to those who possess it (see also Conspicuous consumption
Conspicuous consumption

Conspicuous consumption is a term used to describe the lavish spending on goods and services acquired mainly for the purpose of displaying income or wealth....
)
.

See also

  • Jean Baudrillard
    Jean Baudrillard

    Jean Baudrillard was a France culture theory, sociologist, philosopher, political commentator, and photographer. His work is frequently associated with postmodernism and post-structuralism....
    , a theorist whose System of Objects borrows from Marx
  • Commodity (Marxism)
    Commodity (Marxism)

    In classical political economy and especially Karl Marx's critique of political economy, a commodity is any good or service produced by human labour and offered as a product for general sale on the market....
  • Guy Debord
    Guy Debord

    Guy Ernest Debord was a French Marxist theorist, writer, filmmaker, Hypergraphics and founding member of the groups Lettrist International and Situationist International ....
    • Debord's The Society of the Spectacle
      The Society of the Spectacle

      The Society of the Spectacle is a work of philosophy and critical theory by Situationist International and Marxist theorist, Guy Debord. It was first published in 1967....
       (full text)
  • False consciousness
    False consciousness

    |}False consciousness is the Marxist thesis that material and institutional processes in capitalism society are misleading to the proletariat, and to other classes....
  • Georg Lukacs
    Georg Lukács

    Gy?rgy Luk?cs was a Hungary Marxist philosopher and literary critic. Most scholars consider him to be the founder of the tradition of Western Marxism....
    's theory of Class consciousness
    Class consciousness

    Overview Class consciousness, literally, is consciousness of one's social class or economic rank in society. From the perspective of Marxist theory, it refers to the self-awareness or lack thereof, of a particular class, its capacity to act in its own rational interests, or a measure or assessment of the extent to which an individual o...
     and his concept of reification
    Reification

    Reification may refer to:*Reification , making a data model for a previously abstract concept*Reification , fallacy of treating an abstraction as if it were a real thing...
  • Relations of production
    Relations of production

    Relations of production is a concept frequently used by Karl Marx in his theory of historical materialism and in Das Kapital. Beyond examining specific cases, Marx never defined the general concept exactly....


Further Reading


  • Debord, Guy (1983) The Society of the Spectacle, ????: Black and Red.
  • Lukács, Georg (1972) History and Class Consciousness, Cambridge: MIT Press.
  • Marx, Karl (1992) Capital: Volume 1: A Critique of Political Economy, London: Penguin.


External links

  • David Harvey
    David Harvey (geographer)

    David Harvey is the Distinguished Professor of Anthropology at the Graduate Center of the City University of New York . A leading social theory of international standing, he graduated from University of Cambridge with a PhD in Geography in 1961....
    , , (video lecture)