Monday, April 18, 2022

A small qualm about definitions

 One of the small, nagging issues I've found myself occasionally re-encountering is the definition of a commodity. My post on this is part trying to water the drought that is my blog, and part me trying to reach out to see if anyone has any thoughts.

My problem is this: The standard definition of a commodity that business-oriented firms or sites use feels too narrow to me, however I'm also not comfortable with the more Marxian definition of a commodity; that is, any item that enters a market for sale. What, then, is the definition of a commodity?

I have yet to know of any literature exploring a possible alternative definition of commodities and I have yet to arrive at a comfortable conclusion myself. Hopefully by posting this, people may be made aware of this and help guide me to some possible sources.

A small qualm about definitions

 One of the small, nagging issues I've found myself occasionally re-encountering is the definition of a commodity. My post on this is pa...