Significance of Commercial exploitation
Commercial exploitation encompasses various practices that involve the extraction and monetization of natural resources, particularly plants. This includes leveraging traditional knowledge for profit without fair compensation, unsustainable harvesting of medicinal plants, and the large-scale extraction of resources leading to potential extinction. These actions often prioritize economic gain over conservation, posing risks to biodiversity and sustainability. Overall, commercial exploitation highlights the challenges of balancing profit motives with environmental responsibility and the ethical implications of using shared cultural knowledge.
Synonyms: Commercial utilization, Economic exploitation, Market exploitation
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
The concept of Commercial exploitation in local and regional sources
Commercial exploitation involves profiting from spiritual philosophies, exemplified by Dr. Vincent Swift’s attempts to commercialize Yogananda’s teachings. This practice raises ethical concerns about the commodification of spiritual beliefs for financial gain.
From: Triveni Journal
(1) The practice of leveraging spiritual philosophies for profit, as seen in the actions of Dr. Vincent Swift in his efforts to commercialize Yogananda’s teachings.[1]