It's really bad yes. I'm no communist but I really think we should have had mixed economies and better tax policies to keep the rich in check. AI and other automation could have led to us working 20hrs a week on average while everything runs smooth, if used for the benefit of all.

Right now they have snowballed so much money and power and tech that I just can't see how we can out of outside of revolts. Democracy has been corrupted almost everywhere and people are being manipulated into thinking other religions or immigrant are the problem.

There was a time we banned cloning to prevent the rich from making armies to exploit. But religion/ethics made that easy. We never considered doing the same with tech and important means of production.