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 We live in what Mises called state socialism (or statist, not sure about the English translation).

It's based on caste system, where all economics is controlled by "wise" elite group of "experts" choosen, supported and enforced by a state.

Their goal is to redistribute the wealth and power by status and loyalty to the state. 
 So it's working as designed ... 
 Until enough of the livestock catch on to the scam, yep... 
 Hope is that it will just fall apart as all sicialist societies. Just might not be fast enough to prevent collateral damage 
 Meh, then I'll sit off the coast under canvas until it gets quieter for now, hopefully before it goes belly up I'll manage to get something with a small cabin that is still shoal draft. 
 Something I can junk rig easily enough.