ANARCHISM (from the Gr. , and , contrary to authority), the name given to a principle or theory of life and conduct under which society is conceived without government harmony in such a society being obtained, not by submission to law, or by obedience to any authority, but by free agreements concluded between the various groups, territorial and professional, freely constituted for the sake of production and consumption, as also for the satisfaction of the infinite variety of needs and aspirations of a civilized being.
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
Incarcerating people for their [drug] consumption choices has the consistency of arresting a survivor of suicide for attempted murder.ilana mercer
...where are we to look for the consumption required but among the unproductive labourers of Adam Smith?...thomas malthus
The employment of the poor in roads and public works, and a tendency among landlords and persons of property to build, to improve and beautify their grounds, and to employ workmen and menial servants, are the means most within our power and most directly calculated to remedy the evils arising from that disturbance in the balance of produce and consumption.thomas malthus
Current nationalism is merely the affirmation of the right of colonial elites to repeat history and follow the road travelled by the rich toward the universal consumption of internationally marketed packages, a road which can ultimately lead only to universal pollution and universal frustration.Ivan Illich
In both rich and poor nations consumption is polarized while expectation is equalized.Ivan Illich
We take it as a fundamental psychological rule of any modern community that, when its real income is increased, it will not increase its consumption by an 466 equal absolute amount.john maynard keynes
Assume a particular state of development in the productive facilities of man and you will get a particular form of commerce and consumption. Assume particular stages of development in production, commerce and consumption and you will have a corresponding social constitution, a corresponding organisation of the family, of orders or of classes, in a word, a corresponding civil society. Assume a particular civil society and you will get particular political conditions which are only the official expression of civil society.karl marx
On the whole it may be observed, that the specific use of a body of unproductive consumers, is to give encouragement to wealth by maintaining such a balance between produce and consumption as will give the greatest exchangeable value to the results of the national industry.thomas malthus
It's queer they'd be allowin' the sick ones to read books when I'll bet it's the same lazy readin' in the house bought the half of them down with the consumption itself.Eugene O'Neill
Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure.thorstein veblen
Our opinion here is that that place has been so deeply concerned in smuggling, that if it wants it is because it has illegally sent away what it ought to have retained for its own consumption.thomas jefferson
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
No production without a need. But consumption reproduces the need.karl marx
The commodity is first of all, an external object, a thing which through its qualities satisfies human needs of whatever kind. The nature of these needs, whether they arise, for example, from the stomach, or the imagination, makes no difference. Nor does it matter here how the thing satisfies man's need, whether directly as a means of subsistence, i.e. an object of consumption, or indirectly as a means of productionkarl marx
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 .
We want to make sure that many products consumed domestically can be produced within the country. We hope the economy can be supported not only by consumption but also by production activities.
Daily life is governed by an economic system in which the production and consumption of insults tends to balance out.
Basically, GDP is a concept of value added. It is the sum of gross value added of all resident producer units (institutional sectors or, alternatively, industries) plus that part (possibly the total) of taxes, less subsidies, on products which is not included in the valuation of output. Gross value added is the difference between output and intermediate consumption.
Macroeconomics deals with national aggregates like gross national product, employment, price levels, consumption and investment, money supply and demand, balance of payments, and so on.
Cannibalistic w:Tribaltribal rituals are based on the notion that consumption of human flesh imparts a special power or strength to the cannibal .
In a nation that was proud of hard work, strong families, close knit communities, and our faith in God , too many of us now tend to worship self indulgence and consumption .
But public works, economic protectionism, cheap money, 'deficit-financed government spending,' and 'the animal spirits of the spendthrift' in the service of boosting 'consumption demand'... Doesn't Keynesianism simply appeal to the worst in human nature?ilana mercer
But public works, economic protectionism, cheap money, 'deficit-financed government spending,' and 'the animal spirits of the spendthrift' in the service of boosting 'consumption demand'... Doesn't Keynesianism simply appeal to the worst in human nature?