I think this is true unfortunately, and the question of how we get back to a liberal and social state has many factors: how do we get the economy working again, how do we create trustworthy institutions, avoid bloat and decay in services, etc. There are no easy answers, I think it's just hard work and it might not even be possible. People suggesting magic wands are just populists and we need only look at history to study why these kinds of suggestions don't work.
It’s funny how it’s completely appropriate to talk about how the elites are getting more and more power, but if you then start looking deeper into it you’re suddenly a conspiracy theorist and hence bad. Who came up with the term conspiracy theorist anyway and that we should be afraid of it?
>how do we get the economy working again
Just like we always have: a world war, and then the economy works amazing for the ones left on top of the rubble pile where they get unionized high wage jobs and amazing retirements at an early age for a few decades, while everyone else will be left toiling away to make stuff for cheap in sweatshops in exchange for currency from the victors who control the global economy and trade routes.
The next time the monopoly board gets flipped will only be a variation of this, but not a complete framework rewrite.