That's been my impression as well, but it feels like a terribly inefficient setup.
It's almost like trying to write software with every member of the team spending 9/10 of their time jockeying for power, with the product being an afterthought no one gives much credence to.
That's what living has felt like thus far - people are completely engulfed in making sure they get theirs (work at FAANG on these forums), followed by making sure their kids get theirs. At some point, there's got to be someone who says hey, you know this rat race is human made and we can totally try something else right?