Message from @ʀeaper
Discord ID: 601627536463495168
thinking like that is the problem
the cycle doesnt end because our immediate needs are met
What do you mean?
there arent any limitations
if rate of change of supply is greater than rate of change of demand assuming both values are sustainable at the start then there is no way it can stagnate assuming constant influx
Vienna blacks ok
Not really my type
it stagnates because of a lack of competition
why so?
People would have needs and demands and aspirations and they would establish their workplaces to follow suit and produce at quality
The quality of goods wouldn't be limited to what is profitable
exactly
but that doesnt mean its the end
Of course not, it'd just be a net increase in quality, difference is needs would consistently be met?
there will always be more to gather more to explore more improvements to be made
Right
so you can establish that standard but not much beyond that
That's not necessarily true if the aim is to perfect it and if there is a demand for better iterations of product?
any development would be very slow no incentive to innovate no competition to drive innovation
Does development solely stem from competition?
so why sell yourself short?
This comes from the assumption that development solely stems from competition and that market competition is the only form of competition substantial to development
i never said that
i said your system would be inferior not impossible
No no I get that
but how would your system maintain the value of products if ever user has their own means of production?
not everyone produces the same thing
without labor how would one accumulate currency to begin with?
im not a communist
I mean without working how would someone earn a wage to earn start a transaction in such a future where everybody has a means of production?
a cycle would start
there would be initial investments into the automation then it would just switch hands and receive improvements from there
If anything completion limits innovation
Competition
So everyone has a means of production and everyone can transfer their goods for currency
yep
this currency can be used to purchase goods from others
You need to produce profit
yep
Which means you need to cut innovation