"Real" earnings staying stagnant are a byproduct of inflation artifacts and certain non pay employee expenditures rising astronomically, notably the employer p

"Real" earnings staying stagnant are a byproduct of inflation artifacts and certain non pay employee expenditures rising astronomically, notably the employer paid portion of health insurance. There's also the socialist or conservative refusal to build houses (depending on where you live). Assuming you are US based, you will notice that the nationalized health services are slowly going bankrupt or worse, losing all their doctors. Even still, the per capita expenditure on health care in Western countries is an exponential. Giving credit to the nationalized systems, they managed to constrain it to perhaps n^1.6 instead of n^2, but it's still not a problem with "capitalism" directly, as it affects health systems with no meaningful concept of private business. How does progressive thought deal with people wanting to spend enormous amounts of money on increasingly more advanced Healthcare as they age, and those costs being hidden such that nobody realizes how much money that is? It appears that the American system has replicated the failures of communist planning - nobody know how much anything should cost! Perhaps the nationalized systems were able to perform better, for a time due to having very smart people trying their best to work it out - but this even is starting to become unglued. A proper progressive answer to this cannot be to nationalize more Healthcare, as that is failing the metric used to criticize the private system. More slowly, admittedly - but still failing. If all talk about the way capital markets improve the world is the "neoliberal gospel", there needs to be an answer for these problems that don't rely on sovereign wealth funds or extremely creative central bank manipulation.