Prosperity for All:The Necessity of Unifying Production and Consumption in the Economic Manuscripts of 1857-1858
Products,commodities,currency,and capital are social manifestations of wealth that inherently encom-pass the relationship between production and consumption.The organic unity of production and consumption is an objective requirement for wealth creation.Capital,the result of the historical evolution of wealth's social ex-pression,embodies the most complex relationship between production and consumption.For commodities to become consumer goods,they must undergo three processes:production preparation,actual production,and sales.Each process is a hurdle that capital must overcome,and failure at any stage may halt capital's move-ment.The combination of capital's profit motive and the"immense efficiency"of machine-based production following the Industrial Revolution,along with an unreasonable distribution system,has led to a disconnect be-tween production and consumption,resulting in cyclical overproduction-the"law of capitalist production."Marx's answer to overcoming the overproduction dilemma in the Economic Manuscripts of 1857-1858 is"prosperity for all,"another expression of common prosperity.Under socialist economic conditions,consump-tion capacity must align with production capacity,and the organic unity of production and consumption is an unconditional requirement.Marx's thought enlightens us that studying common prosperity from the perspective of economic laws holds significant theoretical importance.