Economic Values?

Question

Is it not a waste if resources are used to create false needs and values? What are false needs and values? An example will be a business creating a new need (thus new market) that just a very short while ago was never a need at all. Or policies that directly/indirectly force the customers to spend more (beyond what they really need) to be entitled for cheap gifts, for example. And when resources are spent both on creating this false need and producing the product/service to fulfill it, are resources not significantly wasted after a prolonged period of time? Instead of creating real value as commonly argued by the economists, resources are actually significantly wasted to create false needs and values to sustain corporations. What's your comment?

Answer 1

False values are constantly created in the marketplace.

When you come down to it, very little is "needed" in society, most of it is just wanted.

Clothes, cars, homes, etc...

If you looked at everything you own, most likely none of it is really needed, it is just wanted.

The Adam and Eve deal would say that we don't really even need clothes.