“Consumption is also immediately production, just as in nature the consumption of the elements and chemical substances is the production of the plant.”

—  Karl Marx

Grundrisse (1857-1858)
Source: Introduction, p. 10.

Adopted from Wikiquote. Last update Oct. 1, 2023. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Consumption is also immediately production, just as in nature the consumption of the elements and chemical substances i…" by Karl Marx?
Karl Marx photo
Karl Marx 290
German philosopher, economist, sociologist, journalist and … 1818–1883

Related quotes

Deendayal Upadhyaya photo

“It will not be wise, however, to engage in a blind rat-race of consumption and production as if man is created for the sole purpose of consumption.”

Deendayal Upadhyaya (1916–1968) RSS thinker and co-founder of the political party Bharatiya Jana Sangh

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.

Karl Marx photo

“No production without a need. But consumption reproduces the need.”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

Grundrisse (1857-1858)
Source: Introduction, p. 12.

Adam Smith photo

“Consumption is the sole end and purpose of all production”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

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.

Jean-Baptiste Say photo

“The encouragement of mere consumption is no benefit to commerce; for the difficulty lies in supplying the means, not in stimulating the desire of consumption; and we have seen that production alone, furnishes those means. Thus, it is the aim of good government to stimulate production, of bad government to encourage consumption.”

Jean-Baptiste Say (1767–1832) French economist and businessman

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter XV, p. 138

Karl Marx photo

“The individual produces an object and, by consuming it, returns to himself, but returns as a productive and self reproducing individual. Consumption thus appears as a moment of production.”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

Grundrisse (1857-1858)
Source: Introduction, p. 14.

“The ownership and the consumption of goods is a means to an end, and Buddhist economics is the systematic study of how to attain given ends with the minimum means. Modern economics, on the other hand, considers consumption to be the sole end and purpose of all economic activity, taking the factors of production—labour and capital—as the means. The former, in short, tries to maximise human satisfactions by the optimal pattern of consumption, while the latter tries to maximise consumption by the optimal pattern of productive effort.”

E. F. Schumacher (1911–1977) British economist

Buddhist Economics

“The main key to the economics of the postwar world is a simple truism — that the rate of accumulation is equal to the rate of production less the rate of consumption. This is the "Bathtub Theorem." Production may be likened to the flow of water from the faucet, consumption to the flow down the drain. The difference between these two flows is the rate at which the water in the bathtub - the total stockpile of all goods - is accumulating.
War drains the economic bathtub in a great waste of consumption. The first problem of reconstruction is to rebuild the stockpile. It can be rebuilt only by widening the gap between production and consumption, or, in the case of a single country, by importing more than is exported. It is difficult for a ravaged country to increase either its production or its net imports. Unless it can obtain outside help, therefore, it must suffer a drastic restriction of consumption. Frequently the only way consumption can be restricted is by inflation. Here, therefore, is the key to the most fundamental problems of reconstruction.”

Kenneth E. Boulding (1910–1993) British-American economist

Preface
1940s, The Economics of Peace, 1945

Ayn Rand photo

“Thanksgiving is a typically American holiday… The lavish meal is a symbol of the fact that abundant consumption is the result and reward of production.”

Ayn Rand (1905–1982) Russian-American novelist and philosopher

The Ayn Rand Letter (1971–1976)

“The essential measure of the success of the economy is not production and consumption at all, but the nature, extent, quality, and complexity of the total capital stock, including in this the state of the human bodies and minds included in the system. In the spaceman economy, what we are primarily concerned with is stock maintenance, and any technological change which results in the maintenance of a given total stock with a lessened throughput (that is, less production and consumption) is clearly a gain. This idea that both production and consumption are bad things rather than good things is very strange to economists, who have been obsessed with tile income-flow concepts to the exclusion, almost, of capital-stock concepts.”

Kenneth E. Boulding (1910–1993) British-American economist

Source: 1960s, The Economics of the Coming Spaceship Earth, 1966, p. 9-10 as cited in: Mark W. W. McElroy, J.M.L. M. L. van van Engelen (2012) Corporate Sustainability Management.

“Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. … In developed capitalist economies, private consumption spending accounts for half or more of GDP.”

Jim Stanford (1961) Canadian economist

Part 2, Chapter 9, Reproduction (for Economists), p. 114 (Case as per text.)
Economics For Everyone (2008)

Related topics