A concept coined by Karl Marx referring to society's extreme obsession with material objects.
Commodity Fetishism is everywhere in Western Society today. Just look around around you. All the commotion surrounding Apple releasing yet another iphone with minor improvements. Cars are another example. Inanimate products which are so well known by their particular brand and certain model type to everyone, with most having definitions on urban dictionary even going so far as to define the certain type of person who drives such a model. When in reality the only importance of a car for most people is a sustainable mode of transport that can get you from one place to another. As a guitarist myself I find the guitar world is also guilty of this, many placing excessive importance over brand names (Gibson, Fender etc.), models (Telecaster, Strat, SG, Les Paul etc.) and hell even types of this model (1959 telecaster, Roadworn Strat, <insert famous guitarist here> signature model Les Paul Custom, Standard, Studio, express, 100, 100 elitist etc. etc.). Commodity Fetishism is the explanation why people get worked up for hours comparing the minor variations and specifications of the same 6 stringed instrument that they can barely play.
This behavior is heavily mocked in the character Patrick Bateman from the movie (and book) "American Psycho".
Commodity Fetishism is everywhere in Western Society today. Just look around around you. All the commotion surrounding Apple releasing yet another iphone with minor improvements. Cars are another example. Inanimate products which are so well known by their particular brand and certain model type to everyone, with most having definitions on urban dictionary even going so far as to define the certain type of person who drives such a model. When in reality the only importance of a car for most people is a sustainable mode of transport that can get you from one place to another. As a guitarist myself I find the guitar world is also guilty of this, many placing excessive importance over brand names (Gibson, Fender etc.), models (Telecaster, Strat, SG, Les Paul etc.) and hell even types of this model (1959 telecaster, Roadworn Strat, <insert famous guitarist here> signature model Les Paul Custom, Standard, Studio, express, 100, 100 elitist etc. etc.). Commodity Fetishism is the explanation why people get worked up for hours comparing the minor variations and specifications of the same 6 stringed instrument that they can barely play.
This behavior is heavily mocked in the character Patrick Bateman from the movie (and book) "American Psycho".
1. "That's bone. And the lettering is something called Silian Rail...
Look at that subtle off-white coloring. The tasteful thickness of it. Oh my God, it even has a watermark..."
- Patrick Bateman's words when comparing his business card with his co-worker's identical looking ones in "American Psycho".
2. "Thanks to commodity fetishism, I got bullied when I was 8 because my parents drove a Ford Fiesta while their parents drove Volvo*. And kids don't even drive...."
*defined on Urban dictionary as "The only car a true pimp would be seen in"
Look at that subtle off-white coloring. The tasteful thickness of it. Oh my God, it even has a watermark..."
- Patrick Bateman's words when comparing his business card with his co-worker's identical looking ones in "American Psycho".
2. "Thanks to commodity fetishism, I got bullied when I was 8 because my parents drove a Ford Fiesta while their parents drove Volvo*. And kids don't even drive...."
*defined on Urban dictionary as "The only car a true pimp would be seen in"
by stingingpaininthebrain June 23, 2014
When a person who has been in a relationship for a long time becomes single and suddenly has a build up of people wanting to date them...most likely because the person in question was unobtainable for so long.
Kendra: "what's up with all the guys hitting on you lately?"
Korrie: "well me and Andrew just broke up after a year so it's just a commodity rush."
Korrie: "well me and Andrew just broke up after a year so it's just a commodity rush."
by KorrieKorruption April 25, 2009
by Compendium-of useful info September 5, 2022
A commodity currency is a currency that moves in a correlated step with the global price of primary commodities due to certain countries’ dependency on the export of raw materials for income.
The commodities include minerals like gold, copper, iron, coal, energy products such as oil and gas, precious metals, produced products like milk, etc.
The commodities include minerals like gold, copper, iron, coal, energy products such as oil and gas, precious metals, produced products like milk, etc.
Ben: "I wish we never went off the gold standard, we should've kept the dollar as a commodity currency."
Bob: "Hurr durr, a private institute managed by unelected people manipulating the economy through the use of fiat money is a great thing!!!"
(Bob is referring the the central bank of America.)
Bob: "Hurr durr, a private institute managed by unelected people manipulating the economy through the use of fiat money is a great thing!!!"
(Bob is referring the the central bank of America.)
by Minarchistic August 17, 2021
When an object or commodity goes from being as common as water when you are not looking for it, to extremely unethically rare when you do need it.
Dude, The Commodity Effect is so real right now. I never thought twice about this poster until I actually needed it, now I can't find it anywhere.
by phillip buttons April 10, 2017
Any form of writting with the sole intention of generating money, usually by exploiting current social and or market trends.
Commodity literature;
Tween novels, ie Twightlight series, Harry Potter series
Romance novel, ie anything with Fabio Lanzoni featured on the cover
Tween novels, ie Twightlight series, Harry Potter series
Romance novel, ie anything with Fabio Lanzoni featured on the cover
by Eric shoemem January 9, 2012
(FINANCE) a mutual fund that trades in commodities or commodity derivatives. This can include commodity index funds.
Usually a commodity fund makes its returns by trading derivatives rather than the underlying commodity.
by Abu Yahya April 15, 2010