Yes I‘m also watching with disbelief. Even more so since media attention in the EU about it seems higher than in the US. Although the recent trove I found especially disturbing.
I recently watched a documentary where elites from beginning of the 20th century were also portrayed. Self-portrayed as Philanthropists. Moral bankruptcy became obvious, although in other manifestations such as shooting members of worker unions. And the US government did something in form of the New Deal, splitting monopolies and other policies.
In an optimistic scenario I’d expect something similar. New ways to hold elites accountable and keeping extreme differences in wealth in check.