I'm not very knowledgeable about economics lol!
However, I believe that many times governments are a good excuse... obviously many governments have their faults but, I believe, that when things go wrong just as when things go well, faults and merits should be shared among everyone.
Leaving aside the economic discourse for a moment (only because, as I said, I am poor in economics but good in philosophy), in order for the world to change for the better, everyone should do their part and work to create the best version of themselves.
Sorry for the long comment but you know that your posts awaken long reflections in me heh heh!🤗
We all play a part - even if for many of us, it is the part of an economic slave.
And I think this is the problem these days. Our "part" used to be defined by the needs of a community (small tribe etc), but now we live as individuals and define our part for ourselves, yet still expect others to service our needs as if we are in a tribe. It just doesn't work well.
I agree with you that fallacy reigns in the system.
Obviously to improve things that should be resolved first.
I don't see it as simple though lol!
It definitely isn't simple, as it involves essentially all of us changing our behavior at our detriment and cost, compared to those who don't change. Incentive rules supreme.