Commercialism is the application of both manufacturing and consumption towards personal usage, or the practices, methods, aims, and distribution of products in a free market geared toward generating a profit. Commercialism can also refer, positively or negatively, to corporate domination. Commercialism is often closely associated with the corporate world and advertising, and often makes use of advancements in technology.[1]
Commercialism can also be used in a negative connotation to refer to the possibility within open-market capitalism to exploit objects, people, or the environment for the purpose of private monetary gain. As such, the related term "commercialized" can be used in a negative fashion, implying that someone or something has been despoiled by commercial or monetary interests.[2]
See also
editReferences
edit- ^ "Professionalism vs Commercialism: The Association Between Non-Audit Services (NAS) and Audit Independence". Journal of Business Finance & Accounting. 28 (5–6): 563–594. 2001. doi:10.1111/1468-5957.00386.
- ^ "Commercialism and Universities: An Ethical Analysis". Journal of Academic Ethics. 8: 1–19. 2010. doi:10.1007/s10805-010-9109-9.
External links
edit | This economics-related article is a stub. You can help Wikipedia by expanding it. |