Comment by whamlastxmas
Comment by whamlastxmas 4 days ago
By that definition, war is extremely productive
Comment by whamlastxmas 4 days ago
By that definition, war is extremely productive
Ah the broken window fallacy.
No actually, that's about the opportunity cost of war. There's a left-wing argument I frequently see that the US finds wars to increase profitability but I'm talking about the propping up of firms to keep the industrial capacity ready. It is not the most productive use of capital, but it is productive.
Ready for what? War with China or Russia? Do you really think multibillion dollar aircraft carriers are what would win that war?
At least a few evil people attack once in a while thus proving some defense is needed so they they are not completely unproductive/useless. Much as I wish they were not needed.