[gerash]

So you're arguing you can allocate capital inefficiently and it's not a problem. I disagree. Capital should be allocated fairly so those who are doing the work stay motivated and those who are not doing anything aren't disproportionately rewarded.

Do you manage your own money this way? Do spend 10 grands on a running shoe because, well, it will eventually make the whole society wealthier and improve standards of living for everyone including you?