That's generous. To me it's just felonious corruption possibly bordering on treason.
> and it makes money
It doesn't make money. Which is why these rent seeking entities attach themselves to the federal and state budgets with onerous contracts that they will defend to the death. If they had to actually compete for private business they would be out of money by end of year.
> of the society we want to build
This isn't directionless either. The people doing this have a vision for your society and they're willing to do almost anything to secure that.
> That’s the world the tech industry is building.
Which is why I find monopoly law enforcement so important. "Too big to fail" has become the norm and it seems to me is a required ingredient in order to achieve these outcomes.