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Saving Markets or Nature? The Paradox of Ecosystem Service Privatization and Commodification

2025· article· en· W4416000789 on OpenAlexaff
Yuxi Zhao

Bibliographic record

VenueAcademy of Management Proceedings · 2025
Typearticle
Languageen
FieldEnvironmental Science
TopicLand Use and Ecosystem Services
Canadian institutionsConcordia University
Fundersnot available
KeywordsCommodificationEcosystem servicesCommodityExchange valueValue (mathematics)SustainabilityEcological economicsCapital (architecture)Payment for ecosystem servicesGreenwashing

Abstract

fetched live from OpenAlex

Efforts to commodify ecosystem services (ES) through mechanisms like Payments for Ecosystem Services (PES) are often framed as pragmatic solutions to environmental degradation and economic instability. This paper challenges such narratives by conducting a trans-paradigm analysis that bridges neoclassical marketing theory (4Ps) with Marxian commodity theory, revealing an intrinsic paradox within market-based conservation. While marketing literature emphasizes how PES packages and promotes ecosystem services to generate use and exchange value, critical political ecology and Marxian analysis expose how this commodification process produces fictitious capital—ultimately detaching conservation from its material ecological basis. By applying Marx’s lens of commodity evolution—tracing the transition from use value to exchange value—this paper argues that PES is not merely a market tool for ecological preservation, but rather a mechanism that sustains financial markets by transforming nature into speculative assets. The duality of PES lies in its ability to generate short-term market efficiencies while intensifying long-term systemic contradictions. This process reflects a broader pattern within late capitalism, wherein capital accumulation hinges on the perpetual abstraction and circulation of ecological goods. The theoretical contribution of this paper lies in demonstrating how the intersection of marketing and Marxian theory reveals the inescapable tension between ecological sustainability and capital reproduction. By synthesizing these two traditionally isolated paradigms, the study highlights the paradoxical nature of PES as a necessary yet contradictory force—temporarily stabilizing markets while eroding the value it purports to preserve.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.181
Threshold uncertainty score0.236

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.010
GPT teacher head0.241
Teacher spread0.231 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2025
Admission routes1
Has abstractyes

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