Lost their way?
Not at all. They know EXACTLY where they are going: into the reimagined, classic realm of crony capitalism, returned from the late 19th Century, which is exactly where the powerful, the elite, and the neoconservative want us.
A new Golden Age, for those with money and power, just like in Olde Times, and everyone else digging the ground with their fingernails, rummaging for anything to keep their heads above the oncoming tides.
The action is precisely planned, they know precisely where they want this to go. Redaction, distraction and parlor tricks - the new World Truth. Privatize the gains, socialize the losses, and the fools will go along and vote for more of it anyway.