For one I strongly agree with your premise. Imo, the reason things have gotten worse is finanicialization brought on by an extended period of low interest rate

For one I strongly agree with your premise. Imo, the reason things have gotten worse is finanicialization brought on by an extended period of low interest rates which causes societal surplus to flow to capital intsinve activities at the expense of everything else. To understand the reasons behind thisid recommend to look up Triffin's dilemma. Basically it says, that any country that has a reserve currency, by nature of being forced into a structural trade deficit, will be forced to prioritize Financial activities over productive activities and that this force will increase the longer you hold the reserve currency. Basically we used throwing the working class unfer rhe bus as a strategic lever at the end of ww2, but that didn't really start playing out until the 80s and has gotten much worse since then. Now everyone is a nihilist because no one believes the game is fair anymore because we have structurally set things up so everyone in capital intensive activities gets obscene gains and everyone else fights for the scraps. This has permeated beyond its first order effects where people embrace this system and actively encourage it without really understanding its causes.