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- Production_for_use abstract "Production for use is a phrase referring to the principle of economic organization and production taken as a defining criterion for a socialist economy. It is held in contrast to production for profit (or the profits system). This criterion is used to distinguish socialism from capitalism, and was one of the fundamental defining characteristics of socialism initially shared by Marxian socialists, evolutionary socialists, anarchists and Christian socialists.Production for use refers to an arrangement whereby the production of goods and services is carried out ex ante (directly) for their utility (also called Use-value). The implication is that the value of economic output would be based on use-value or a direct measure of utility as opposed to exchange-value; because economic activity would be undertaken to directly satisfy economic demands and human needs, the productive apparatus would directly serve individual and social needs. This is contrasted with production for exchange of the produced good or service in order to profit, where production is subjected to the perpetual accumulation of capital, a condition where production is only undertaken if it generates profit, implying an ex post or indirect means of satisfying economic demand. The profits system is oriented toward generating a profit to be reinvested into the economy (and the constant continuation of this process), the result being that society is structured around the need for a perpetual accumulation of capital. In contrast, production for use means that the accumulation of capital is not a compulsory driving force in the economy, and by extension, the core process which society and culture revolves around. Production for profit, in contrast, is the dominant mode of production in the modern world system, equivocates "profitability" and "productivity" and presumes that the former always equates to the latter.The central critique of the profits system by socialists is that the accumulation of capital ("making money") becomes increasingly detached from the process of producing economic value, leading to waste, inefficiency, and underlying social issues.This principle is broad and can refer to an array of different configurations that vary based on the underlying theory of economics employed. In its classic definition, production for use implied an economic system whereby the law of value and law of accumulation no longer directed economic activity, whereby a direct measure of utility and value is used in place of the abstractions of money and capital.Some thinkers, including the Austrian philosopher and political economist Otto Neurath, have used the phrase socialization to refer to the same concept of "production for use". In Neurath's phraseology, "total socialization" involves calculation in kind in place of financial calculation and a system of planning in place of market-based allocation of economic goods. Alternative conceptions exist in the form of market socialism.".
- Production_for_use wikiPageID "28292122".
- Production_for_use wikiPageRevisionID "605489047".
- Production_for_use hasPhotoCollection Production_for_use.
- Production_for_use subject Category:Economic_ideologies.
- Production_for_use subject Category:Economic_systems.
- Production_for_use subject Category:Heterodox_economics.
- Production_for_use subject Category:Political_economy.
- Production_for_use subject Category:Social_philosophy.
- Production_for_use subject Category:Socialism.
- Production_for_use type Abstraction100002137.
- Production_for_use type Attitude106193203.
- Production_for_use type Cognition100023271.
- Production_for_use type EconomicIdeologies.
- Production_for_use type EconomicSystems.
- Production_for_use type Economy108366753.
- Production_for_use type Group100031264.
- Production_for_use type Orientation106208021.
- Production_for_use type PoliticalOrientation106212839.
- Production_for_use type PsychologicalFeature100023100.
- Production_for_use type System108435388.
- Production_for_use comment "Production for use is a phrase referring to the principle of economic organization and production taken as a defining criterion for a socialist economy. It is held in contrast to production for profit (or the profits system).".
- Production_for_use label "Production for use".
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- Production_for_use sameAs Q14955775.
- Production_for_use sameAs Q14955775.
- Production_for_use sameAs Production_for_use.
- Production_for_use wasDerivedFrom Production_for_use?oldid=605489047.
- Production_for_use isPrimaryTopicOf Production_for_use.