Is nature a commodity?

Urban nature is increasingly seen as a manageable resource to enhance human well-being. By viewing nature as a commodity that supplies health benefits, and by identifying minimum amounts needed to gain benefits, we risk trivializing a deep affective response to nature.

What does the phrase nature as commodity mean?

The commodification of nature is an area of research within critical environmental studies that is concerned with the ways in which natural entities and processes are made exchangeable through the market, and the implications thereof.

What are the nature of commodities?

In economics, a commodity is defined as a tangible good that can be bought and sold or exchanged for products of similar value. Natural resources such as oil as well as basic foods like corn are two common types of commodities.

Is the environment a commodity?

Environmental commodities are a class of commodities that take the form of non-tangible energy credits. The value of these credits derives from the needs of market participants to produce and consume cleaner forms of energy.

How has nature been commodified?

Nature(s) have been commodified since the early days of capitalism, but through processes and socio-natural relationships mediated by their times, histories and localities. While the conditions under which nature’s commodities are being trademarked today may be new, their potential for commodification is not.

Are humans a commodity?

Humans cannot be construed as commodities, capital, resources or assets. Human-related intangible flows may generate cash-flows, but they are not commodities. Human work does not require a cash-flow to be considered.

What is considered a commodity?

A commodity is a raw material used in the production process to manufacture finished goods, while a product is a finished good sold to consumers. No value is added to a commodity, which can be grown, extracted, or mined.

What is a commodity example?

A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Traditional examples of commodities include grains, gold, beef, oil, and natural gas.

Can Air be a commodity?

Well the term ‘air’ defines a legal volume with invisible boundaries, it’s a completely intangible commodity, its values are based on speculative futures.

What means commodification?

noun. the act or fact of turning something into an item that can be bought and sold: The commodification of water means that access is available only to those who can pay.