Your conclusions are not obvious.   You might mention the many thing that fracture an idealistic model.  You would think low prices would be an outgrowth of competition that forces prices lower.   But that gets grossly distorted by growing international corporations, monopoly or oligarchy conditions,  regulations which favor a particular producer, the power of accounting, the leverage of debt for good and bad reasons.....       You don't include  the influence of the financial/investment industry, the very Passive increase in wealth that is limited to very small percent of our population that has the expendable income to assume significant risk and the reward.  

How do we measure the influence of consumer debt?  Most of us might see it as yet unfunded liability (why else would you assume debt?).  The financial industry on the other see your debt as their income flow.    To profit, you must encourage debt, and they do.

Things are not so simple.   I know enough to know that.