Lecture 9 - Commodity Fetish Flashcards
What is the commodity fetishism
-The way commodities have this normalised value in of itself –
Objective value.
-The social character of their making (the labour and time relationship) is completely absent of the product
-As such we’d say it has ‘phantom objectivity’ (Watts, 2005 p100-1)
What theory is commodity fetishism associated with
‘Lifting the veil of production’ (Harvey, 1990)
How is the commodity fetishism a critical projection of ‘lifting the veil of production’ (Harvey, 1990)
- Removes all the things that get in the way os us knowing the relationship the product has to the making and makers
- Aka the ‘truth’
What is removed when we look at commodity fetishism under the veil of production
We remove the brand and associated things with the product
How do we ‘follow’ our commodity and theorise its value
Look at the history behind it - the chain to how it became to be the item it is today
What do websites do in finding the geographical life of a product
Original sales websites wont tell you much about where they came from – brands provide information that focus on consumption not production
How can we look at what the public thinks is ethical
By looking at Public Codes of Practice Commitments and
Reasonable Levels of ‘Transparency’
Examples of public codes of transparency
- No child labour
- Health and safety in working conditions
- No discrimination
- No forced labour
Issue with websites listing factories
They show factories where they are made (but not just the factories, we need information on the other areas before the factories)
What is found when we try and look at following the geographical histories of commodities
- The information is not all in one place
- Time
- Information tends to be hidden
How is a commodities value not ‘one truth’
Cultural and symbolic value + the meanings embedded within it
What are the 2 logics that underpin ‘value’
Production + consumption
‘Production’ as a logic of ‘value’
-Best labour/time relation for the gaining profit
What locations attract the most investment
Locations that offer the cheapest, fastest production and speed to the market
What can subcontracting do
Complicate the CC process
‘Consumption’ as a logic of ‘value’
What the brand represents/means
What does branding and marketing do to a product
Add ‘consumption’ value
How can we make items have more ‘production’ value
Make efficiently and cost effectively / cheaply / quickly as possible
How can we make items have more ‘consumption’ value
Make a brand that consumers buy into, that has cultural and symbolic value
What is required for a valuable brand (quote)
Careful coordination of packaging,
promotion, advertising, brand and product positioning, distribution, pricing etc. (Till and Heckler, 2008)