two economies

When I started working in the early 1990s, I gradually realized much of middle class life was a trap and a scam, basically to keep living the dopey middle class life style. For example, I signed up for a new car loan and realized I was working to pay for a car so I could drive to work. In the mid 1990s, I signed up for a home loan. For most middle class people, their house is just where they go to sleep so they can go back to work, then it's also where you can struggle to do a hobby or get some exercise.

The trap part of that life is the loans. You really don't "need" a loan to get a house or a car, in fact the loan is a severe life impairment. The other part of that life that's a trap is "status" associated with being a participant in the system. For example, if you're one of "the good ones" you can get a loan for a new Toyota Landcruiser or Sequoia to go buy groceries rather than drive a cash car to do the same chores. The French fur traders used the same system on native americans back in the 17th and 18th century. They offered credit to the indians in their company stores who then paid it back with work--trapping beavers. One aspect of the trade goods was "status symbols", like fancy blankets.

A side effect of all the middle class people working in "the system" all around the world is the emergence of a parallel universe "outside" that credit and lifestyle trap.

The "tech industry" offers a great current example. Many tech products are super cheap commodity items--in many cases they're cheaper than ever. For example, single board computers for process control and automation are dirt cheap. CNC machines, plasma cutters, on and on are all dirt cheap. Lots of software is free. If you as an individual want to do something productive with "tech" the barrier to entry is less than a speed bump. By contrast, everything associated with or competing with "AI"/Datacenters is stupidly expensive, like GPUs and computer memories are off the charts expensive. Similarly, salaries associated with all that are very high, while if you're actually using tech for a real purpose, the money really isn't there.

The "economy" appears to be a bunch of middle class people enmeshed in mass psychosis at any given moment, so it appears foolish or uneconomical to do the thing the mass of people aren't hallucinating about. For example, if you have skills to do useful tech stuff, does it make sense to labor for peanuts and do something productive when you could sit in meetings with people in a mass hallucination and get paid to LARP as an "engineer"?

The working and lower class people in the US are basically outside the psychosis/hallucination bubble. They lack the training and indoctrination to get into the corporate debt Matrix basically. Groups like the Amish reject the hallucination for the most part.