It came unwound when we allowed enterprises to destroy the wages of the lower end and stopped building to respond to the housing demand. That can be easily undone, if the powers to be allowed it.

Enterprises respond to market forces, as is natural. A massive increase in labour results in lower wages. Enterprises don’t want to give away money in the same way labourers don’t want to give away labour, but mass unskilled immigration has turned it into a heavily unbalanced market for the lower end.

Surely you're referring to Europeans in the 1800s!