2 ms·
This sounds a little like broken window fallacy - the fact remains that the original capital was apparently misallocated - despite what any future enterprise ma
by Boothroid 9y ago
This sounds a little like broken window fallacy - the fact remains that the original capital was apparently misallocated - despite what any future enterprise may do with the effective subsidy of vast amounts of free stuff, that money that was wasted will always remain lost, and thus the economy is worse off than if the capital had been employed efficiently from the start. Saying that capitalism is good at recycling free stuff is kind of a so what.