One problem with Milton Friedmanism is that it trades a few sensational successes for national economic paralysis. Market fat cats, too heavy or uninterested to avoid reasonable market corrections, continue shifting resources the same way in a dangerously listing economy. They continue to support tactics, make excuses for and refuse to accept reality of failure. It’s delusional and dangerous. It’s a mistake on a scale of genetic extinction.
When we disenfranchise, and pilfer our own people, the nation loses direction and the economy implodes. Wealth needs to move from selfish corporate control back to the public Treasury. Where is the reason for homelessness, when there are so many blighted, empty homes? How does it make sense to encumber communities with loss of revenue from abandoned dwellings, while stoking financial houses to record profit with public funds?
When our socio-economic evolution takes it’s next abrupt turn, it will be the working people who survive. Corporate raptors and financial raiders will be hurt the most, as the food and money supplies continue to dry up. It will be the workers who will be left with the skills to get by and care for their families.