Text is a compact and efficient representation, more similar to strings in other languages.
As far as learning libraries: its not mandatory and you can code as well as anywhere else without them, but the "language enhancing libraries" are undeniably useful, and can do some incredibly useful things. Monad transformers let you merge computational contexts, Conduit lets you cleanly define stream transformations, Lens lets you manipulate specific aspects of some state in a context, etc.
Most of the debates either have answers (use Text instead of String, most of the time) or don't matter to most people (MTL vs transformers or monadLib). In my mind, it's no worse than trying to pick a JavaScript framework. If you're interested, give it a shot some day.
Functor (<$>)
Applicative (<*>, <*, *>)
Monad (>>=, =<<, >=>, <=<)
Monoid (<>)
Alternative (<|>)