"Nobody Knows You When You're Down and Out," Bessie Smith (1929): And this is still pre-Crash!

My fanboy paraphrasing of a Keynes/Minsky (both gone) take on the billionaire oligarchy takeover in 2024: 

In the 1930s and 1970s we advised socializing investment and reducing private speculation, committing investment to general progress while reducing excessive gambling in the markets. The public option, if you will. By contrast, you double down on market fundamentalist dictatorship and billionaire private equity speculators have taken over the US government. This is truly near diametrically opposite what we recommend: 

Gov insures full employment, easy credit, eliminates working poverty, socializes investment (including, fundamentally, education, science, and technology) and "euthanizes" the predatory speculator class, which because we're civilized means retire them or transition them to some more productive job or pursuit. 

Markets will thrive as a result, but expand more horizontally and less vertically. Successful local businesses will boom. All super big corporate organizations, the "Towering Heights" of the economy, where such scales are necessary, will partner with the state, with an operational state rule of thumb being the prevention of bean counter speculator takeovers. Consider this pattern of engineering led startups eventually being replaced at the top with bean counter cultures, precipitating the decline of quality standards of once great corporations: Intel, Boeing, GE, etc. Let the scientists and engineers run the labs and fabs. 

Speculation, gambling, treating the economy like a casino, beyond being a fun sideshow, Keynes did enjoy playing the markets afterall, eventually makes everything worse. The dream of the current regime goes all the way back to the neolib Reagan Revolution. Wall Street. Financial elites. Corporate rule is divisive and just as sectional and narrow as you accuse labor of being. We warned you.  

And if you're looking for more contemporary economic corroboration for our analysis, try Is Innovation or Financialization to Blame for Inequality.