I mean, that's the core of capitalism. That's why we are getting worse and worse products over time.
Once economies of scale hit its limit, the only way to increase profits (which is what capitalism requires) is to decrease quality.
I would say it’s the core of financialism, but I’ve met billionaires and many less wealthy men who manage their capital to optimize for something besides this kind of “efficiency.“
I mean, that's the core of capitalism. That's why we are getting worse and worse products over time. Once economies of scale hit its limit, the only way to increase profits (which is what capitalism requires) is to decrease quality.
> that's the core of capitalism
I would say it’s the core of financialism, but I’ve met billionaires and many less wealthy men who manage their capital to optimize for something besides this kind of “efficiency.“