Commodity fetishism signifies the personification of things and economic categories. It is the objectification of production relations between people under the conditions of commodity production based on private ownership; and is seen when the element of social relations dominating people appears outwardly as domination by certain things. Capital as a production relation is personified in the capitalist, while hired labour is embodied in the worker. Fetishism permeates all the economic categories of capitalist society; an example is the exploitation of man by man, which is masked by the payment of wages. The acquisition of money and material goods is the highest manifestation of commodity fetishism.