I think that is a more clear framing of what the OP was saying, and if they had written it that way I probably wouldn't have bothered replying. It just had a very fatalistic tone I didn't agree with.

I still disagree though, the relationship between scarcity and generosity is very complex.

And as an aside, homeless shelters and socialized medicine are cheaper than the alternatives in developed nations, so I would argue those are the sign of good governance rather than excess value. Although that depends on your definition of value...