Ebayization

Vladimir Madik

Vladimir Madik

University of Michigan, USA

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Aaron C. Ahuvia

Aaron C. Ahuvia

University of Michigan, USA

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Elif Izberk-Bilgin

Elif Izberk-Bilgin

University of Michigan, USA

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First published: 01 August 2016

Abstract

eBayization is an alternative theoretical lens to George Ritzer's McDonaldization thesis to describe the economic practices and consumer trends in today's information-driven, postindustrial societies. While the McDonaldization thesis holds that many aspects of American society have become increasingly structured around principles of efficiency, calculability, predictability, and control that make society resemble a McDonald's restaurant, and lead to a culture characterized by homogeneity and predictability, Ahuvia and Izberk-Bilgin suggest that today's postmodern form of economic and social organization is better characterized by the processes of eBayization. In this view, variety, unpredictability, and market-mediated control rather than efficiency, calculability, and predictability seem to be the new organizing principles of postindustrial societies.

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