Karl Marx coined the phrase the "fetishism of commodities" to describe the situation wherein:

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According to Marx, the "fetishism of commodities" refers to the way in which people assign a mystical or magical quality to commodities, as if they have value in and of themselves, independent of the human labor that went into producing them. Workers, in particular, may fail to recognize that it is their labor that gives the commodity its value, and instead treat it as something that simply exists on its own.

Karl Marx Coined the Phrase the "Fetishism of Commodities" to Describe