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Although language can always be analyzed as a commodity, its salience as a resource with exchange value has increased with the growing importance of language in the globalized new economy under the political economic conditions of late capitalism. This review summarizes how and in which ways those conditions have a commodifying effect on language and focuses on contemporary tensions between ideologies and practices of language in the shift from modernity to late modernity. It describes some of these tensions in key sites: tourism, marketing, language teaching, translation, communications (especially call centers), and performance art.
Monica Heller (Thu,) studied this question.