A commodified world?: mapping the limits of capitalism
This book critiques the notion that in Late Capitalism all economic relations become always ever more commodified, while non-capitalist activities disappear. It demonstrates that a combination of new cultures of resistance all constrain this tendency or even threaten to reverse it. Colin Williams finds that, even in the advanced economies, a non-commodified realm persists that is as large as the commodified sphere and growing relative to it. He draws on extensive empirical evidence of trends and new patterns of economic activity - including changes in women's participation, differences between wealthy and poor urban areas, and between urban and rural sectors. He explores non-commodified practices of resistance. And he concludes that governments and communities, by de-coupling production and consumption from the commodified realm, could open up alternative development paths.
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Argument of the Book
The Commodification Thesis
Where is the Evidence to Support the Commodification Thesis?
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activity advanced economies affluent populations alternative analysed approach barriers basis capitalism capitalist cash-in-hand cent chapter commodification thesis commodified realm commodified sphere commodified world commodity economy conducted coping practices Davis Smith decommodification deprived areas discourse display domestic economic development economic plurality engage in non-commodified European Commission evaluate critically evidence example existence extent formal employment formal sphere gender higher-income household work practices income marginalized meanwhile meta-narrative modes of production monetary exchange monetized exchange motive nations needs neighbourhoods neighbours neoliberal non-commodified economic practices non-commodified realm non-commodified sphere non-exchanged non-market non-monetized exchange organizations paid participation in non-commodified participation rates persistence plurality of economic post-development process of commodification profit recognized relatively result revealed seen self-provisioning social relations society socio-economic groups South Australia subsistence subsistence economy survey Table tasks tax credit time-budget studies tion trajectory of economic transactions transition economies volunteering Williams and Windebank women