This is a classic lolbrooks, observing the problem and blaming the victim.

I think I'm the last person left in America who thinks that our problems are not all that hard to solve. The majority of our economic struggles correlate very closely with banking deregulation and tax policy changes, both of which have redistributed money upward.

To be entrepreneurial requires dynamism. Much like combustion requiring both fuel and oxygen, starting a business requires people (fuel) and money (oxygen). The banks have no incentive to create easy money for businesses, because they can make a fuckload doing dumb shit like using your deposit to buy securitzed debt. So business owners have to go to venture capitalists for money, and for those of you who don't know what a venture capitalist is, it's what you call a loan shark who wears really expensive suits and has friends in Congress.

People, being immutable in their desire for a better life, will always be entrepreneurial, if we let them. This is just as true today as it was when someone invented the wheel. When the number of people doing this decreases dramatically, we can ask, as Brooke does, "What's the matter with people?" (Who haven't changed in millenia until, according to Brooks, 1985.) Or we can ask, as we should, "What's the matter with the current climate?"

Policy changes that once again deny banks the ability to gamble with deposits, and tax changes that encourage investments in small business would break this cycle tomorrow. As long as it's more profitable for banks to make risky bets on financial instruments that don't actually correlate to anything manufactured or any real service rendered, then they are going to continue to do that.