@Fere Nemo when did I say they were in any way had correlation?

@Leiro レイロ Actually when you get rid of competition it gets rid of a purpose to work harder. Like if you're running a race with nobody, what's the damn point. There is no motivation, thus resulting in a slowness of progress (and if this was capitalism, a tremendous lack of profit)

Which is what puts other people at a bigger advantage than you, but in socialism that cant happen because theres no competition to begin with

there would be lol, it would be like "why do I have to work 12 hours a day if I can work two?", under socialism innovation makes your labour expended more productive, and thus people will be working lesser than they used to

and this could be argued to be a stump, blocking point in technology

look at innovation in the USSR

and yes, capitalism will hit a plateau when it comes to innovation

there would bi no innovation if it isn't profit ale

Please read a book.

https://mises.org/system/tdf/Henry%20Hazlitt%20Economics%20in%20One%20Lesson.pdf?file=1&type=document

lol, mises is a freaking thinktank

@TheBestGangster so, the problem with the profit motive is that innovation will cease when it isn't profitable

LOL!

mises is like Ben shapiro put on paper

Now where you reach a point where innovation will cease when it's not profitable, yeah sure if the product sucks

"LOL" is a modern idiom for the mind numbed "emperor's new clothes" progressive dumbfuckery.

LOL

no it isn't, it isn't about product sucking, are smartphones, tvs, medicine, everyday household electronics products that suck?

it ceases to be profitable when you can't produce profit from it, even if its a good thing.

or for the common good

Then... uh.... don't buy it? (dumbfuck)

Well if its a good thing, thats up to the consumers to decide

If the product sucks, then its not a good thing

then maybe it should not have been sold in the first place

Sure, capitalism uses dumb shits as a sort of battery, but what does socialism use?

Capitalism lol

lol

THAT IS NOT AN ARGUMENT DUMB FUCK.

no it isn't, this is nothing about the product sucking, has nothing to do with it, scroll upwards and I stated why innovation will be unprofitable due to a abundance of commodities driving down prices

if a product sucked, it would fail from the start

(kinda like socialism)

no, sorry that isn't a argument

look up on revolutionary catalonia

socialism, anarcho communism and anarcho syndicalism worked there

you just ignored my argument again, because youe point about products sucking is wrong.

"IF A PRODUCT SUCKS IT WOULD FAIL FROM THE START" = Capitalism

his reasoning is wrong

profit goes down not due to products sucking

I explained why it would go down

doublethink.

@Fere Nemo @TheBestGangster Read up on TRPF, you will understand why profit goes down.