>inefficient capital and labor allocations, which create waste. You can thank this 'inefficient capital' to almost all modern innovations. In reality, the US S

>inefficient capital and labor allocations, which create waste. You can thank this 'inefficient capital' to almost all modern innovations. In reality, the US System has evolved to be no different than China, only slightly more people have their hand in the pot in the US. We also heavily subsidize electric energy production, manufacturing and all other manners of industry. We just don't allow sweat shops in manufacturing anymore, only tech.