4 ms·
There are limits to that of course. Aside from that, I don't think it changes the bigger pix that "everything" involved in making a non-productive capital inve
by VLM 11y ago
There are limits to that of course. Aside from that, I don't think it changes the bigger pix that "everything" involved in making a non-productive capital investment is unavailable for productive investments. Can't build a rail line thru there, can't that wood and stone into an office building. All that energy and labor invested, you're never going to get a return on that.
I'm not saying a world devoid of art and fun is a good goal, but am saying that going way overboard to one extreme is going to result in blowback.