As a life-long guitarist, and skeptic of capitalism, I have an anecdote: I own a few high-quality guitars. They have served me well for many a decade, and they are still in perfect condition. Why buy any more guitars?
Perhaps the total number of guitars in circulation is enough? Businesses seem to think that there should be infinite growth forever, but that seems ridiculous to me. I don't think capitalism has a good answer to this problem. Obviously the manufacturers wish for people to buy more and more guitars every year or they go out of business. How can we reward them for a job well done now that more aren't needed?
Perhaps the total number of guitars in circulation is enough? Businesses seem to think that there should be infinite growth forever, but that seems ridiculous to me. I don't think capitalism has a good answer to this problem. Obviously the manufacturers wish for people to buy more and more guitars every year or they go out of business. How can we reward them for a job well done now that more aren't needed?