[spicyusername]

The outcomes of public policy throughout the 1900s, particularly pre-Reagan and post-FDR. Quite expansionary, but nearly all of the bedrock institutions most people have come to rely on and take for granted materialized in this period.

- The GI Bill

- Medicare / Medicaid

- Social Security

- Unemployment Insurance

- Regulatory institutions / policies like the SEC, FDIC, OSHA, and the EPA.

- The Civil Rights Act

None of this stuff just happens by accident, and these kinds of things definitely don't magically fall out of unregulated free-markets. And they DEFINITELY don't fall out of markets where the participants are massive corporate interests.

You need institutions whose focus is solely on social / economic wellbeing and who have the power and authority to provide it.

There are also plenty of modern academics, making things up themselves, who articulate similar points.

- Joseph Stiglitz

- Thomas Piketty

- Ha-Joon Chang

- Mariana Mazzucato

- Robert Reich

- etc