Anarchy of production

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.[1] The term is often used as a criticism of market economies, emphasizing their chaotic and volatile nature in contrast to the stable nature of planned economies, as proposed by Marxists.

  1. ^ "Anarchy of Production". TheFreeDictionary.com. Retrieved 2019-01-07.

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