If you are going to generalize this broadly, dig down into the tidal forces shaping generations, not just the emotions bubbling up through the surface.

For example, while Roosevelt is viewed as a saint, for raising the nation up out of the Depression, consider the minor fact that is the point where the Federal deficit really started. So while he is called a “traitor to his class” and “saved capitalism from itself,” he was not only putting unemployed labor back to work, but unemployed capital as well. Given that deficit spending went to fund the war, it set in place a significant pillar of American Capitalism, where public debt is used to back private wealth.

Consider that Volcker could not have really cured the stagflation of the seventies, with higher interest rates, as that cut off the flow of capital to those willing to borrow and grow the economy. It was Raganomics.

The main way the Fed has to draw down the supply of money is to sell debt it bought to issue it in the first place. So if the treasury issues more debt, it would have the same effect, along with using this money to “prime the pump” of more government spending.

Now instead of putting it to serious infrastructure spending, much went to the military.

So ask yourself, could Wall St function, if the government didn’t suck up now over a trillion dollars a year, of what amounts to surplus capital? Where would it go otherwise? Derivatives? Apple stock?

So we blow up whatever countries unlucky enough to get in our way, in order to spend the money, so that more can be borrowed and those trillions of dollars of bonds have the public to support them. That is why we can afford endless, strategically inept wars and no one is held to account.

The fact is that money is a contract, not a commodity, with one side an asset and the other a debt. So in order to create the asset, similar amounts of debt have to be generated. Another major effect of this is that it creates a centripetal effect, as positive feedback draws the asset to the center of the community, while negative feedback pushes the debt to the edges. All that student debt is being used to back pensions, as well as the rest of the financial system.

Now if you really wanted to explore the real sources of tensions within this society, that might be a useful place to start, but safe to say, the larger publications will find it unappealing and tell you to go back to writing about generational conflict, as that distracts from the real issues.

https://medium.com/dialogue-and-discourse/the-worm-in-the-apple-of-modern-capitalism-a46081000d5a