You are correct, but it will never happen. Those elites will continue to blame it on various bogeymen, like "systemic racism", "corporate greed", etc. And they will insist that the government must "do something", but all the government does is take money from productive people and throw it around, lining the pockets of their lobbyists (and their own, of course), while continuing to do things to make the problem even worse.
But the one thing that will never happen, is that the elites will suffer the consequences of their perfidy and malfeasance. Nothing short of total societal collapse will accomplish that, and then we're all brought down with them.
Judgment Day is coming.
Nobody escapes their accounting with God.
Then they’ll wish the least they had to deal with was human justice, accountability, and consequences.