This is something I never really understood in itself or why it’s important in the first place. Modern day examples would definitely help.
Can somebody help me out?
This is something I never really understood in itself or why it’s important in the first place. Modern day examples would definitely help.
Can somebody help me out?
Neoliberal economists boast about this with supply chain abstraction through I, Pencil, a work by Leonard Read then adopted by Milton Friedman.
Search ‘Nobody knows how to make a pencil’ and you’ll get thousands more hits than searching for commodity fetishism, Friedman basically repackaged Marx and sold it as a positive of free market economics.
They basically took commodity fetishism and fetishised it.
I’m fascinated and revulsed and unsurprised.
I’ll take a look at that essay, thanks.