Is over-production an inevitable result of a market/commodity production?

[AK]

See title.

[BAM]

Yes. commodities are produced for sale, ie converted into money. The very circuit of the commodity, C-M-C, implies that overproduction, or a general glut on the market, is possible. In other words, commodities are not exchanged simply for each other. Every purchase of a commodity is not also a sale of another. Money intervenes. Money is not only a medium of exchange, it is also a store of value. Thus there is no necessary equilibrium between purchases and sales and thus overproduction is possible even when commodity production is considered in its most simplistic way.