Its merely an alternative to the existing US model of financial credit. The “nightmare” is only real for people who enjoy high levels of disposable income/high credit but low levels of social status. And, given how social status is already a critical component of one’s economic standing, this just isn’t a large number of people.
Are you sure it’s only real for high-income/low social status people? Even if so it won’t stay that way. The main goal of dystopian politics in America is to cull the herd of demand when supply is low or when supply is artificially suppressed (like with housing). Got too many people with money and great credit pursuing homes with houses going up to a godzillion per square foot in the outback of Montana? Pinch the pipeline before or after they show good credit and money: add more barriers to entry with Facebook scanning. Let the algorithms look for things like “labor union” or “climate change is real” to weed them out, and disqualify anyone with no Facebook, and make sure no one knows this algorithm exists, just say “Sorry, you got outbid,” Hell, don’t even CALL it a social credit system. Let the conspiracy theorists battle each other over what’s going on.
(Yes, I am a Supervillain University Professor. See my course on how to laugh maniacally and be taken seriously.)
I’d further calibrate what you said to this: the solution in the US is to organize with your fellow Americans at large and vote for politicians who will stop the commodification of empty homes before the powers that be start downgrading your standing as a prospective home buyer based on your Facebook profile.
They had Boris Johnson…