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单词 under-consumption
释义 under-conˈsumption Econ.
[under-1 10 b.]
Insufficient consumption; a demand for goods and services exceeded by supply or insufficient to call forth the full potential supply. Cf. over-production.
1895Westm. Gaz. 8 Aug. 2/1 What the world is suffering from is under-production of everything and under⁓consumption.1906J. A. Hobson Evolution Mod. Capitalism xi. 288 When the disease is at its worst, the activity of producer and consumer at its lowest, we have the functional condition of under-production due to the pressure of a quantity of over-supply, and we have a corresponding state of under-consumption.1931Times Lit. Suppl. 14 May 374/3 They are thus on the way, not only to disentangling the mesh of popular theory connected with the words ‘over-production’ and ‘under⁓consumption’ but to destroying the presupposition..that..over-production..may..occur.1961Economist 22 Apr. 348/1 ‘Under-consumption’ at the bottom of the social scale was apparent to a slight extent in dental and ophthalmic care.1974B. Pearce tr. Amin's Accumulation on World Scale I. i. 112 After a certain level of development has been reached, possibilities of saving become greater than investment needs (governed by the volume of consumption). We have here a general theory of underconsumption.
Hence underconˈsumptionist, an advocate of a theory of underconsumption; also attrib. or as adj.
1936A. L. Rowse Mr Keynes & Labour Movement 41 In sympathy..with the attitude of the under-consumptionists all along.1948G. Crowther Outl. Money (ed. 2) v. 149 ‘Under-consumptionist’ theories.1974M. B. Brown Economics of Imperialism ix. 216 Some neo-Marxists..have accepted an underconsumptionist interpretation of Marx and therefore see the increase of surplus value and the search for its disposal as the main source of the continuing expansionism.
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