Haven't had one of these for awhile. This thread is for questions or comments that you've felt silly about not knowing/understanding. Let's try to exchange info that seems obvious, knowing that due to the illusion of transparency it really isn't so obvious!
There is such a thing as overinvestment. There is also such a thing as underconsumption, which is what we have right now.
Can you define either one without reference to value judgements? If not, I suggest you make explicit the value judgement involved in saying that we currently have underconsumption.