You are missing the elephant in the room.
The difference between capitalism and a market economy is that markets need money to circulate, while people, being linear and goal oriented, see it as the signal to extract and store.
Requiring ever more to be added and ever more metastatic methods of storing what has been extracted.
Since money largely functions as a contract, other then when it is an actual commodity, with the asset backed by a debt, storing the asset requires generating the debt.
The financial markets couldn't function, without the government siphoning up trillions in debt.
Austerity causes the daily economy to run on debt, drawing the saved money back into circulation. So our religion of wealth accumulation requires an economy of debt.
Money is assumed to be both medium of exchange and store of value, but a medium is dynamic, while a store is static. Blood is a medium, fat is a store. Roads are a medium, parking lots are a store.
The functionality of money is in its fungiblity, so we own it like we own the section of road we are using, or the air and water flowing through our bodies.
It's a public utility and needs to be treated as such. It's not our picture on it, we don't hold the copyrights and are not personally responsible for maintaining its value.
If the government were to threaten to tax out what it currently borrows, people would quickly find other ways to store value. Considering there is far less investment potential to save the amounts we presume necessary, the premise of the commons will have to be resurrected, as a store of value and not just resources to be mined.
This isn't socialism, as society needs both public and private areas working together, like a house has family and personal spaces. It is just that money is the quintessential public utility and needs to be recognized as such.
The irony of our individualistic ethos is the resulting atomized culture is more easily controlled by institutional authority, as well as mediated by a parasitic financial system.
Government, as the executive and regulatory function, is analogous to the central nervous system. While money and banking, as the value circulation system, are analogous to blood, the heart and the arteries.
There was a time when government was private, but as monarchies lost sight of their function and abused their privileges, they were usurped. Banking is now having its own,"Let them eat cake." moment.
People who hate government and love money are as clueless as the fish that loves the worm and hates the hook.
Networks matter as much as the nodes inhabiting them and we need all levels of networks. Organic, social, cultural, economic, etc.
Get that part straight and the other feedback mechanisms will sort themselves out far more easily.
