Right, I was just responding to the question, whose posing is often used to suggest that the US is the best of all possible resource allocation worlds. I don't want to live under a regime like the CCP, but we did just run this experiment and the U.S. system of resource allocation failed miserably.
I don't think it's the best of all possible worlds, but it is better than some.
Only a small percentage of billionaires do incredibly valuable things, but those who do are doing things that I can't imagine the US government of today ever doing. The US government would be having meetings to schedule the meeting to discuss the meeting schedule, or fighting over culture war issues.
We need to remember they allocate resources horribly in other places though. Genocide is going there, forced abortion and sterilisation of entire populations.
