I much prefer the capital allocation of the French technocats after WWII than the current one. They took pride in building systems that worked, not just in accumulating money.
Finance distorts the incentives by allowing selfish personal ones to be fulfilled via macroeconomic tools. In the long run, we're all dead. John Maynard Keynes
Happy New Year to you too, by the way! Fai de bèn a Bertrand, te lou rendra en cagant
