Yours is also a very naive and rosy view of the system. > Capital flows into the places where it can be best put to work. It also flows to places which it can

Yours is also a very naive and rosy view of the system. > Capital flows into the places where it can be best put to work. It also flows to places which it can return the most to capital owners, not necessarily that means best put to work. Financial markets decouple productivity from value, the cryptocurrency market is not even close to be productive but has massive capital inflows; the housing market collapse of 2008 was not money being put where it could be best worked. Money flows to where returns are expected, that's about it, the more decoupled that returns became from actual productivity and improvements to society (and mostly by the hyperfinancialisation of economies since the 80s) the less that statement is true.