

This is not about “society as we know it”, this is about a particular way of designing your political system. The American way of doing things in this regard is not terribly widespread.
So no, this is not about lofty and universal concepts like “social contract” or anything like that, it is about specific constitutional designs, which are not the same everywhere. Especially the “checks and balances” system.
Indeed. With our current system it was only a matter of time. As soon as the internet became a default thing which everyone needed to access just to function in their daily lives, it would of course be subjected to the exact same exploitative mechanisms that the non-internet part of our lives have suffered from since the dawn of history.