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Encyclopedia > Commercialism

Commercialism, in its original meaning, is the practices, methods, aims, and spirit of commerce or business. Today, however, it is mainly used as a critical term, referring to the tendency within capitalism to try to turn everything in life into objects and services that are sold for the purpose of generating profit; commercialization, where the value of everything, including such intangible things as happiness, health and beauty become measured in purely commercial, materialistic terms, and where public services are being privatised or outsourced to private companies. Commerce is the trading of something of value between two entities. ... This article or section does not cite its references or sources. ... Wikiquote has a collection of quotations related to: Capitalism Capitalism has been defined in various ways. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... This article needs cleanup. ... Public services is a term usually used to mean services provided by government to its citizens, either directly (through the public sector) or by financing private provision of services. ... Privatization (sometimes privatisation, denationalization, or, especially in India, disinvestment) is the process of transferring property, from public ownership to private ownership and/or transferring the management of a service or activity from the government to the private sector. ... Paper shredding can be contracted out Outsourcing (or contracting out) is often defined as the delegation of non-core operations or jobs from internal production within a business to an external entity (such as a subcontractor) that specializes in that operation. ...

The related term "commercialized" is often used in an accusing way, implying that someone, often an artist, has compromised the quality of his work for monetary gain by selling out. It can, for example, be applied to a painter who uses his/her talent to do flattering, expensive portraits to order, an independent music band that signs a contract with a major record label and then changes its music and/or appearance to become more appealing, or a novelist who switches from writing difficult "highbrow" novels to populistic thrillers. Look up Artist in Wiktionary, the free dictionary Wikiquote has a collection of quotations related to: Artist Artist is a descriptive term applied to a person who engages in an activity deemed to be an art. ... Selling out is a common slang phrase. ... Highbrow is a colloquial synonym for intellectual. ... It has been suggested that Thriller fiction be merged into this article or section. ...

See also

  Results from FactBites:
“Commercial” is not the opposite of Free-Libre / Open Source Software (FLOSS): Nearly all FLOSS is ... (4319 words)
That’s in spite of (1) the rise in commercial development and support for FLOSS, (2) most FLOSS projects’ goal to incorporate improvements (which are actually a form of financial gain), (3) official definitions of “commercial item” that include FLOSS, and (4) FLOSS licenses and projects that clearly approve of commercial support.
But that covers one definition of commercial; if you include the wider definition of “commercial” that means public trade, nearly all FLOSS projects are commercial.
But in all cases, all commercial developers (proprietary or FLOSS) expect their users to obey the license provided or negotiate something else, as is required by law.
Television commercial - Wikipedia, the free encyclopedia (2199 words)
Most commercials are produced by an outside ad agency and, and airtime is purchased from a channel or network in exchange for sponsorship of its programming.
The first television commercial was in July 1941 when the Bulova Watch company paid $9 to WNBT for a commercial aired during a baseball game between the Brooklyn Dodgers and Philadelphia Phillies.
The effect of television commercials upon the viewing public has been so successful and so pervasive that it is considered impossible for a politician to wage a successful election campaign, in the United States, without airing a good television commercial.
  More results at FactBites »



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