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Capitalism isn’t efficient! It’s creates whole industries that have no other purpose but to lech off the system. Land lords, insurance, none rehabilitation based justice system, private/charter schools, car dealerships, military industrial complex, etc.
Eh, some of those provide value:
- land lords - good ones fix stuff
- insurance - good ones pay out claims
- private/charter schools - provide competition for public schools, and generally both get better as a result; we like our charter school, but we only went because our local admin was driving teachers away (since been replaced)
I got nothing for the rest.
Car dealerships is a weird one in that list. That’s like saying one should go to cuisinart to buy a toaster rather than Walmart. They’re a car retailer…
Efficient at what and for whom? The whole concept is bullshit when applied to a social science like economics.
