Source: —Deendayal Upadhyaya, thinker and forerunner of the Bharatiya Janata Party quoted from Malhotra, R. (2021). Artificial intelligence and the future of power: 5 battlegrounds. New Delhi : Rupa, 2021.
“Consumption is the sole end and purpose of all production”
Source: The Wealth of Nations (1776), Book IV, Chapter VIII, p. 719.
Context: Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
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Adam Smith 175
Scottish moral philosopher and political economist 1723–1790Related quotes
Source: The Political Economy Of Growth (1957), Chapter Two, The Concept Of the Economic Surplus, p. 25
Grundrisse (1857-1858)
Source: Introduction, p. 10.
Discourse no. 13; vol. 2, p. 136.
Discourses on Art
“No production without a need. But consumption reproduces the need.”
Grundrisse (1857-1858)
Source: Introduction, p. 12.
Relational Database: A Practical Foundation for Productivity (1982)
Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter XV, p. 138
Preface
1940s, The Economics of Peace, 1945
Grundrisse (1857-1858)
Source: Introduction, p. 14.