You are pointing out effects. What are the causes?

Government, as executive and regulatory function, is analogous to the central nervous system, while money and banking mirror blood and the circulation system of society.

We have evolved to the point of understanding government is a public utility, even if Britain clings to the monarchy, but have yet to realize the same principle applies to banking. Which has given financial interests the upper hand, as they are not subject to much oversight and don't have to plan around election cycles.

Consequently they have managed to hollow out government, leaving a bunch of flunkies, sociopaths and prostitutes to fill the roles, whose only real function is to create as much debt as possible, given the banks need those bonds to function. The secret sauce of capitalism is public debt backing private wealth.

Michael Hudson wrote a book on this relationship in antiquity, some years ago, called Forgive Them Their Debts. That debt jubilees had to serve as a circuit breaker to sustain society from the feedback loop of compound interest sucking all life out of it.

Yet here we are, 2000 years later, stuck in the same rut.