Anarchy of productionWikipedia open wikipedia design.
This article's use of external links may not follow Wikipedia's policies or guidelines. (March 2019) (Learn how and when to remove this template message)
This article needs additional citations for verification. (March 2019) (Learn how and when to remove this template message)
|Part of a series on|
In Marxist theory, anarchy of production is a characteristic feature of all commodity production based on private property, which is the primary mode of production in the capitalist market economy. The term is often used as a criticism of market economies, emphasizing their chaotic and volatile nature in contrast to the supposedly stable nature of planned economies, as proposed by Marxists.
The results of the unplanned "anarchy" of the capitalist market system can be seen in the crisis of overproduction, and underconsumption. One such example, according to the Socialist Party of Great Britain, was the 2008 financial crisis.
- "Anarchy of Production". TheFreeDictionary.com. Retrieved 2019-01-07.
- "Socialist Studies - Capitalism In Crisis - The Anarchy of Capitalist Production". www.socialiststudies.org.uk. Retrieved 2019-01-08.
|This economic theory related article is a stub. You can help Wikipedia by expanding it.|