> that's because when capital freely creates capital, all restrictions on production and competition become meaningless. Not at all. There are still plenty of

> that's because when capital freely creates capital, all restrictions on production and competition become meaningless. Not at all. There are still plenty of limited factors in the production function. The capital itself isn’t unlimited, so you need to price in opportunity costs for using it. Much of the capital needs to support people providing services, so you’re still limited by the labor force for doing things that people prefer having humans do, like knowledge work or personal services. And then you have to contend with the fact that resources are finite and capacity to extract them is too. We’re a very long way away from automated labor being so effective and so ubiquitous that it fully realizes all the benefits you’re talking about. In the foreseeable future, it’ll probably be rather unpleasant as shitty robots replace competent humans, meaning the quality of services and products we get are bad but the good versions are prohibitively expensive. And the jobs making things start going away so nobody has the money income to get quality versions of things.