Who might have benefited? Home buyers People with secure jobs (BTW 90% of the workforce remained employed) Rich people Companies wanting to trim payroll costs Auto repair businesses Accountants Home remodeling businesses and stores Bargain and discount stores Beer, wine and liquor businesses Those who lost: Marginal workers Many debtors The 10% of the work force that lost jobs Those who lost houses, savings, etc. Many investors Those just entering the work force Weak small or large businesses go bankrupt And this most recent recession forced businesses to seriously realign how they did business often to the detriment of their workers: a huge change was the switch from full time to part time workers without benefits. The fate of the big internet companies is still TBD and I think that breakups will happen. What those look like we'll have to see. It has happened before across different industries. I certainly am not enamored with the current way capitalism works, but its benefits are huge. The two biggest problems I see are income/wealth inequity and money in politics. Things like the following should be up for discussion: Wealth Taxes Pay caps Increased regulations in many areas including banking Health care that eliminates the leading role of insurance companies A tax system that encourages giving ones wealth away for social good Real campaign donation limits Non partisan redistricting Forced matching of large political donations to social programs I think UBI is coming There are more, but this is enough for now. You keep talking about central planning as the solution. I do tend to think of that as a mostly Marxist approach solving economic problems. Absolutely.