Market fundamentalism changed policies and cultures, while ethical and cultural aspects were as important as purely economic aspects. There were major changes in social values. Greed became a valuable asset, while altruism and empathy were demoted. The value of human life came to be identified with the future expected earnings of a person. The compensations of managers increased enormously while that of dependent workers lagged. Many activities were privatized, expecting significant benefits. Laws and many activities became increasingly complex for normal citizens to understand. The future became progressively more difficult to predict. The labor share of income fell while the share going to capital increased and the Gini coefficient increased. There were no obvious macroeconomic benefits from the new policies.