Sorry, I skipped through it, but I got the gist of it. Nothing new. Everything devolves toward dictatorship - one man ruling absolutely. Politician, banker, militant, social reformist, or religious zealot, it doesn't matter. Different paths to the same ends.
As for the rest of us, we make it easy for them to do it because it's easier to live in leisurely poverty compared to working hard toward enrichment. The same for giving freedom away for easy security and choosing easy good intentions over hard choices that produce results. Not just in the USA, I mean everywhere.
Trying to control finances (or anything) on a global scale has been attempted many times and failed many times. There are just too many variables to even think of and the men who think they are that smart have their plans destroyed by an idiot or a maniac. They'll keep trying though. Heck, monarchies had a good long run of success.