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Production Techniques

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Production Techniques at Technical University of Košice »
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⇑Production Techniques at Technical University of Košice

Language: English Studies in English

University website: www.tuke.sk

⇑Definitions and quotes

Production

Production for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin.

Immanuel Wallerstein (1979) The Capitalist World-Economy. p. 15.

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Production

But if capitalism had built up science as a productive force, the very character of the new mode of production was serving to make capitalism itself unnecessary.

John Desmond Bernal (1959) Marx and Science. p. 39.

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Production

Industry controlled by society as a whole, and operated according to a plan, presupposes well-rounded human beings, their faculties developed in balanced fashion, able to see the system of production in its entirety.

Friedrich Engels, Principles of Communism (1847)

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