The core issue is that we now live in a society that sees no, or even negative, value in people beyond their ability to create a profit for someone else. I guess we should be grateful that the society doesn’t (yet) simply “put us down” like horses with broken legs. That would save it from having to factor in all the nuanced secondary economic effects of people who have no income or means to generate one sufficient to meet their needs.
This society is going to meet some challenges to its weaknesses very soon as AI and robotics begin encroaching on even the ability of fully able people to generate sufficient incomes to support a consumer based economy. Robots don’t spend much at WalMart. It is now impossible to choose a field of study that is guaranteed not to be economically obsolete in the time it takes to learn it. Unless we can greatly expand upon the list of things we deem worthy of compensation and a method of generating that compensation we will not survive as a modern society.
My generation (boomer) was not able to fully embrace the potential of technology and treated it as a threat. Your generation did a better job of that, but not to the extent that millennials do. They are practically one with it and don’t understand why it should be used in a way that is detrimental to people. As they come of age to vote they will be a force to be reckoned with for both politicians and industry. I don’t see them allowing my generation to dictate their conditions for very long, and many assumptions about how we derive our incomes and who benefits from the economy are going to get tossed.