Inequality has eroded trust in society in ~50 years, a lot of the old models (heh) of how we see the world aren't relevant. It's hard to exist when everything around us is adversarial.
It's not inequality. It's who we've chosen to reward. Adversarial people have eaten a lot of the world and that's because we let them.
People love inequality when it's a celebrity they adore living large. Someone who hasn't scammed them and has demonstrably improved their life and the lives of others in a tangible way. The deeper the con, like Trump and Elon, the more damage to trust.
It’s just inequality full stop. Trust is a word by wannabe-Bernays polsci people who would just so dearly want the proles to trust their betters, but for some dastardly material reasons they don’t.
Data brokers were around 50 years ago. They just had more limited sources to draw from.