This isn't really new though, it's just saying the quite part out loud. always-has-been.gif.
Neoliberalism is the cause of the decay and paved the way for fascism. If you let large conglomerates own everything including news media and social media and then sell access to spew vile hate speech and disinformation to people, the current result is to be expected. It's actually kind of refreshing that they actually come out and say it.
These people also don't believe in equality, they believe inequality of humans is fundamentally morally correct. Neoliberals believe in inequality based on class/wealth, fascists believe in inequality based on identity like race or gender.
The true sin is ignorance and neglect.