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What does commodifying mean?

Looking for the meaning or definition of the word commodifying? Here's what it means.

Verb
  1. present participle of commodify
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Examples
Ginger Otis looks at the dangers of privatizing the water supply, the worldwide shortage of H2O, and the problem with commodifying the earth's most precious resource.
Some groups have focused on organizing and commodifying the informal, undisciplined, semi-professional knowledges that circulate within academic communities.
Experts agree that Enron brought tremendous value and potential for commodifying future risks in new areas that may have once been overlooked.
Blundell refuses to see the process of painting as simply resistance or accommodation to modernity or the commodifying processes of the contemporary global art market.
He believes that the they are conspiring and commodifying art.
If they think about him at all, they're inclined to blame him for commodifying, and therefore dorkifying, their pure underground pursuit.

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