In effect, both goods and people are commodified. They becpme no more than their exchange value. The capitalist allocation of goods by their mrket value leads to inequalities of wealth between nch ahd poor and large-scale wasrage of fesources.
In cultural sfudies it has been western Marxism, and especially the work of Georg Lukacs, the Frankfurt School (p. 109) and Gramsci (p. 38) that has had most influence. Marx’s