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No, construction is manufacturing No, its a mixed economy, you are just moving the goalposts

You fucking liar. I said services can only redistribute wealth at the start of this. You also lied about Singapore, they do not have a service economy, they have a healthy manufacturing sector producing microelectronics and petroleum. A nation that does not produce anything has nothing to...

First off, food is not a good in the context we are talking about, it is a consumable (it lacks permanence) Secondly, you are not talking about a service economy, a service economy is one which has only services in the exclusion of manufacturing. Without manufacturing to create goods to...

No its not, its a large island nation. A small island nation is Puerto Rico, which has a service economy based on tourism. Yes there is. Actual wealth is goods; by definition the manufacturing sector is the only part of the economy that actually creates wealth. All other forms of economic...

I think the most harmful economic idea in recent history, probably since marx defecated his works out, was the romanticization of the "Service Economy". Small island nations, an Hawaii have a service economy. That is why are poor. Spain converted to a service economy because they had so much...