Earlier quoted context omitted.
Sure but do you know someone who doesn’t have chairs ? I mean, sure, there are people setting up in their first house, people who broke their existing chairs … but there is a lot of available options on the aftermarket. I understand why you would want brand new chairs. My brain also does want them because they are pretty, because they goes well with your interior etc ... But brand new chairs are far from a need we ne…
Chairs are just an example. This applies to every product that gets a productivity increase from chairs to batteries to apples to computers to planes.
As an exercise of thought, if we magically stopped the economy now like, everyone stopped working and paying for housing and credit and given a magic influx of food, most humans in the world would not need anything else to be happy for a long time.
Of course it’s just an exercice of thought, we do need to replace some objects sometimes, we do need people to fix things. But apart from food, there is barely any object that we would need that isn’t already available somewhere in the world.
The thing is, mostly nobody is a farmer : most people in the world are producing or helping producing things we already have.