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> maximize profit until you hit a certain point, then stop This was explicitly the goal of early capitalist philosophy. Adam Smith envisioned a world where gro
by perrygeo 3y ago
> maximize profit until you hit a certain point, then stop
This was explicitly the goal of early capitalist philosophy. Adam Smith envisioned a world where growth came to an end as societies expanded to fill their "economic space".
Smith misinterpreted human desires and motivations; enough is never enough as long as our potential future adversary is also accumulating wealth. Economic arms races ensure there will never be enough.