What does «fetichismo de la mercancía» mean in Spanish?
- Perception of certain relations (especially production and exchange) not as relations between persons, but as social relations between things (money and commodities exchanged in market trade). As a form of commodification, commodity fetishism transforms the intersubjective and abstract aspects of economic value into things that people believe to have intrinsic value. This concept was introduced in the 19th century by Karl Marx as an important component of capitalism. This concept remains central to Marxism today.