This is one of those really difficult things.

Indeed we have a system where the old rich worked to maintain their monopoly on power.
Industrial regulations are usually written by those in the industry keep out any new comers.

F-c-book beat all the competition, not by being better, but by having VERY deep pockets (govern-cement) fund it.
Also the data collecting back end was already written by the federal spying groups.

And, the reason why socialism always fails is that it kills the group that builds everything. That 20% that made 80% of the products, of the food, of the anything. Gone, unless they learned quickly to not stand out, not help fix anything, to not do any more work than necessary.

But, what do we do with the 10% of people below 85 IQ? So poor in ability the military doesn't even want them.