a very large portion of those goods and services are unnecessary, though. think about how frequently you have to buy a phone or replace a mechanical device - I've seen dishwashers from the 50s that still work, because they were built before artificial scarcity and planned obsolescence caught on. it's perfectly feasible to build a light bulb with an MTTF of hundreds of years. We're on a treadmill, because the economic incentives are contorted to favor unchecked consumerism.
We've gotten to a point where capitalism in it's current incarnation motivates a decrease in efficiency, which we call rent-seeking. it's maximise the dollars per productivity rather than maximise productivity.
It's not like people would do nothing without work, either. We've had periods of history where there was more time and more resources than there was work to be done, and it caused explosions of fields like art and science, both of which are stagnating under the current paradigm (relative to the capabilities we have as a species * population)
We've gotten to a point where capitalism in it's current incarnation motivates a decrease in efficiency, which we call rent-seeking. it's maximise the dollars per productivity rather than maximise productivity.
It's not like people would do nothing without work, either. We've had periods of history where there was more time and more resources than there was work to be done, and it caused explosions of fields like art and science, both of which are stagnating under the current paradigm (relative to the capabilities we have as a species * population)