"But what are we doing at the same time?"
Well, we're vilifying entrepreneurs and making it as difficult as possible for new ideas to emerge unless they are somehow linked to the latest social justice fad. Have an awesome idea to fix some complicated manufacturing process? Steady on there, first we need you to complete 35 environmental studies and once you're done with that, you have to show how this new capability is going to improve the employment chances of some marginalized group. And then, we're going to tax you to within an inch of your life for the audacity of trying to earn a buck. And if, somehow, you survive all that, we'll slap you with a tariff just to destroy whatever motivation you had left.
It's capitalism, but not as you know it.
Apologies for the doom and gloom nature of this post.