This is how economy works. Everything is dictated by debt. Bank institutions and governments like that. It's the principle of this current economy. In order to keep the money rolling, they need people to spend constantly so that they can issue more credits.
This alternative you state here can really give people some insights to manage their money. And it also educate them on how to have control before sinking into any indefinite debt .
Unfortunately, not everyone realizes they are in the system, and just go with the flow, earning, spending and accumulating debt along the way.
An Emergency Fund gives people an opportunity to break the debt cycle when they are most vulnerable to it.
Thanks for your input.