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In marketing, a product is an object, or system, or service made available for consumer use as of the consumer demand; it is anything that can be offered to a market to satisfy the desire or need of a customer. In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw materials and then sold as finished goods. A service is also regarded as a type of product.
“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.”
“It makes unavoidably necessary an entirely new organization of society in which production is no longer directed by mutually competing individual industrialists but rather by the whole society operating according to a definite plan and taking account of the needs of all.”
“Capitalism [is] a system of wage-labour and commodity production for sale, exchange, and profit, rather than for the immediate need of the producers.”
“The product of mental labor — science — always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production.”
“Corporations are necessary to the effective use of the forces of production and commerce under modern conditions.”
“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.”
Quotes via Wikiquote (CC BY-SA), each with its original source.
Not who you're looking for? Others named product: 1979 Brand X album · compilation album by Sophie · mathematical term of an generalized object in category theor · that made by an enzyme from its substrate
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