decommodification
Sign in to saveIn political economy, decommodification is the strength of social entitlements and citizens' degree of immunization from market dependency.
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Encyclopedic overview
6 sectionsContents
- Contemporary research
- Gender inequality
- Environmental impact
- Social democracy paradox
- Example
- Notes
In political economy, decommodification is the strength of social entitlements and citizens' degree of immunization from market dependency.
In regards to the labor force, decommodification describes a "degree to which individuals, or families, can uphold a socially acceptable standard of living independently of market participation."
Excerpted from Wikipedia’s “decommodification” article, available under the CC BY-SA 4.0 licence.