skyth wrote:Not really. The original product had that $10 of waste since there was a way to make it cheaper. If a process can be improved, that means that there is some sort of waste there. I never said that if you are making something for cost that there isn't waste in there, but that if you have profit there is a different sort of waste. There are forms of waste other than profit.
Again, if a government was always running a profit and building up cash reserves then people would be up in arms about how wasteful it is. They would want some of that 'profit' back in the form of lower taxes.
You've tried to define waste as anything short of maximum possible efficiency, including it seems all future efficiency and technological improvements. This means anything short of a future utopia of dyson spheres and replicators producing anything we want as we think the instant we think of it would be 99.99999% waste. It means no longer thinking of productivity in any kind of sensible way. 'Waste' can only be measured against existing capability, and improving that capability should be talked of in terms of improving capability, not reducing waste.
So again, think about if a worker himself came up with a new way of doing the process. The old system wasn't wasteful - it was the best way anyone knew at that time of doing the process. But now the process can be done $10 cheaper. The worker makes 10% more on every unit (11.11% for the pedants out there). This isn't waste. This is an improved process making the worker richer.
Then consider instead that the worker hires an engineer to figure out a way to do the process better. A deal is struck so that any gain is split evenly. The engineer figures out how to make the process 10% cheaper, and the worker makes 5% more out of every unit he makes, and the engineer takes 5% but has no further role in the process. Is the 5% to the worker waste? The 5% to the engineer?
Then consider the engineer sees the worker toiling away working in the old way. He sees how the process can be made 10% better. He says to the worker to come work for him, and he'll give him 5% more than he makes right now. This means the worker gets 5% more, and the engineer makes 5% profit. Is any of that now waste?