It is probably possible for me to write this in terms of philosophical theory but I would not consider that a good use of my time. I'm more concerned with addressing the practical ways someone can improve their life regardless of the current state of the economy or how the current state came to be.

Some people are doomed from the start. But there are so many more people that could be thriving right now if they would just stop and think before taking out a loan and at least gain some basic financial education.

On the subject of Marxism, if people stopped getting into debt a lot less money would be flowing to the top. Banks would have fewer profits and their power would shrink. Therefore abstaining from debt could even be considered a kind of activism. The best kind of activism really, because it actually makes you wealthier.