Wow, just wow. Brilliant piece. Elegant, concise, even austere. You cut right to the heart of things and laid out our current societal state of play in a five minute read.
This is some seriously good writing.
Basically what we are seeing is the formation of a new feudal class of lords. Feudalism being at its heart a system of ownership and tenancy.
Many of our political offices are now being held by dynastic families. Who are intermarrying with members of the wealthiest family dynasties.
As you point out, soon they will own everything and we will all be their tenants/serfs from cradle to grave.