Florida law-forwarder Rachel Burgin
A useful idea from economic theory is commodification, the process by which things that were previously not sold become accepted objects of economic exchange. Commodification is kind of a weird concept for contemporary Americans, since pretty much every aspect of our lives has been commodified already. Consider, though, the commodity that is clothing; for centuries, most people made their own, until rising incomes and better manufacturing in the early 19th century made it easier to buy them from somebody else. Degree of commodification is a good measure of the development of an economy. During the middle ages, for example, Europeans did not buy or sell land—one reason their economy stagnated for a millenium. Compared to those assholes, our economy is fantastic. Just last month, for example, a Florida legislator submitted a law drafted by corporate lobbying group the American Legislative Exchange Council, word for word, without remembering to delete ALEC’s mission statement from the top.
