It is a prevalent theory. A hooligan brokes local bakery's window, and everything happens. Some economists support that the that the broken window fallacy helps the economy to grow up. It might be true, but there is a problem that if we accept it rightly, then we have to condone when we understand that some stronger countries attack some weaker countries to create a new market. There are a few stages.
1- attack somewhere
2- destroy everything there
3- declare a ceasefire
4- make an agreement
5- improve a country's economy
6- send some companies there to develop the country again
7- start from the beginning
Capitalism gets the world to participate in new world order to make more money for capitalists. It is a costly way, yet a perfect way.
Nowadays, technology is much better than 20 years ago, but new product goods are too flimsy. In the 1990s, people could use white goods for 15 years at least. Now people can use white goods for 7 or 8 years because consumers have to buy new products frequently. Smartphones are some as white goods. Consumers could use the cell phones for 8-10 years, yet right now smartphones may be used for three years at most. Suppliers of the smartphones must compete with each other in the market but also they ought to sell smartphones without ceasing, which means companies are the competitors and friends for each other. They can produce high technology smartphones until tomorrow but why would they do that. Every year newer phones are launched to the market with some unimportant options. It is capitalism. It does not matter that is good or bad, healthy or unhealthy. The significant point is that capitalism has to make more money. Namely, the wheels should be turning.
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