Excellent explanation!
One other issue.....Postmodernism .....This idea that you can separate parts without regard to the whole is not new....and it is deeply flawed.
You can never separate economics from human nature. (you wouldn’t have economic systems without humans) .
Morality is part of human nature and to ignore it when you are talking about human interactions is folly (and part of cultural Marxists’ way to destroy Western Civilization). Their analysis—to destroy the economics—all you have to do is destroy virtue—to do that you destroy Christianity and the natural family.
Quite easy....destroy responsible, self-sufficiency and family loyalty and safety nets....you completely destroy the system of self-rule. No responsibility for your actions and government has to pick up the slack.