> If the 'false impetus' did not exist, that investment would go elsewhere, and create value for society in more efficient ways. Actually no, it probably would

> If the 'false impetus' did not exist, that investment would go elsewhere, and create value for society in more efficient ways. Actually no, it probably wouldn't. Most likely, the money would be hoarded and the people would be eking out an existence doing some miserable make-work. The unspoken assumption behind your position is that all resources are currently being used fully and optimally. Unfortunately, this is very far from true.