I don't think we should be interested in the "asymptotic theoretical limit" of capitalism which is never reached. Let's discuss "capitalism in practice", not "capitalism in theory". If things self-correct in a time frame longer than your own lifespan, do you think it's an ideal scenario? I personally don't.
I don't see the government forcing Google to pay thousands of highly qualified workers to fill in BS jobs. This is a natural consequence of being a very successful business: complacency, empire building, etc all decorellated from economic incentives.
People spend decades with BS jobs in a very capitalist society.
Note that I've never argued that a socialist alternative is any better or that the government isn't filled with BS jobs either.
I just observe that the problem manifests itself regardless.
I don't think we should be interested in the "asymptotic theoretical limit" of capitalism which is never reached. Let's discuss "capitalism in practice", not "capitalism in theory". If things self-correct in a time frame longer than your own lifespan, do you think it's an ideal scenario? I personally don't.
I don't see the government forcing Google to pay thousands of highly qualified workers to fill in BS jobs. This is a natural consequence of being a very successful business: complacency, empire building, etc all decorellated from economic incentives.
People spend decades with BS jobs in a very capitalist society.
Note that I've never argued that a socialist alternative is any better or that the government isn't filled with BS jobs either.
I just observe that the problem manifests itself regardless.