The status quo in western countries of giving absolute primacy to the needs/demands of capital above all else has indeed failed. The share of national income going to the middle and working classses makes this obvious. Yet, this is not being resolved.
Instead, the very same groups that have benefitted from the status quo have managed to acquire power on the back of a disaffected populous, and they hold a fundamental belief that multi-lateral institutions/geopolitics do not act in the US's (or their) economic interest.