Capitalism would be my guess.

Because we financialised it everywhere, at every point. Construction and ownership. And the large corporate interests expanded everywhere it wasn't financialised in their attempt to continue never-ending growth. Politicians and those who got in early and smaller investors went along with it because it was convenient and they aren't incentivized to think of the long term consequences. Now growth is hitting a wall because it was never real growth, and the whole system is either stagnant or collapsing.

Gary Stevenson describes this in his latest episode of Gary’s Economics. The ultra wealthy have so much passive income now that we’re going past where they own all our media and algorithms, to rapid accumulation of assets and soon governments. It’s directly linked to homelessness, poverty, etc.

https://m.youtube.com/watch?v=wPoXOwiEfrQ&pp=0gcJCT8LAYcqIYzv

Here’s just one quote: “ It is simply impossible for you, your family, your kids and your community to compete for asset ownership in a world where there are men who are accumulating wealth at a rate of 137 million dollars per day, in a way that is exponentially growing. That is what is happening” - Gary Stevenson (21 June 2026)