The actual production of economic goods limits the consumption of all deficient goods to the given range. Consumers can only go after such goods, and respectively want those goods, which are already available. Anything that is not a part of the system of goods is not in the reach of consumers, and so they cannot have it as an actual economic good without the service of production. The entrepreneur, as a producer, is defining the character of goods and has producer sovereignty comparable to consumer sovereignty in the realm of consumption. The enterprise of productive consumption discloses the goods as economic efficiency.
Historical Backdrop
• JEAN-BAPTISTE SAY A Treatises on Political Economy: production.
• KARL MARX The Capital: productive consumption. Introduction to a Critique of Political Economy in The Economic Manuscripts of 1857-1858: consumption as a moment of production.
• HERBERT MARCUSE One-Dimensional Man: industrial society.
• JOHN KENNETH GALBRAIT The New Industrial State: revised sequence.
• PETER DRUCKER Management: Tasks, Responsibilities, Practices: create a customer.