Does Capitalism Still Function with Pleasure as Object? Is this concept really fundamental to Capitalism's survival? It becomes sort of true that If one person goes down, another goes up. Because I can make more out of what I have if I exploit the environment around me doing things such as lowering wages, benefits, and adopting certain labour-saving technologies, etc. — kudos
Maybe the popular term that covers some of your concern is
creative destruction? The price for ever greater efficiency from business competition results industry transformation, unemployment and wealth transfer. The social/economic landscape of capitalism is always mutating at uncomfortable speed, because as David Harvey says,
capital cannot abide a limit. The future is the gig economy.
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"The effect of continuous innovation ... is to devalue, if not destroy, past investments and labour skills. Creative destruction is embedded within the circulation of capital itself. Innovation exacerbates instability, insecurity, and in the end, becomes the prime force pushing capitalism into periodic paroxysms of crisis. ... The struggle to maintain profitability sends capitalists racing off to explore all kinds of other possibilities. New product lines are opened up, and that means the creation of new wants and needs. Capitalists are forced to redouble their efforts to create new needs in others .... The result is to exacerbate insecurity and instability, as masses of capital and workers shift from one line of production to another, leaving whole sectors devastated .... The drive to relocate to more advantageous places (the geographical movement of both capital and labour) periodically revolutionizes the international and territorial division of labour, adding a vital geographical dimension to the insecurity. The resultant transformation in the experience of space and place is matched by revolutions in the time dimension, as capitalists strive to reduce the turnover time of their capital to "the twinkling of an eye".
Harvey, David (1995). The Condition of Postmodernity. pp. 105–06. ISBN 978-0-631-16294-0.