Also, have our society evolved into one that we actually want? I would expect the answer to vary greatly, depending on whom you ask.

And, if not, should we stop now? Perhaps break-through is around the corner?

It's almost as if this wasn't a one-sided issue that could be solved by a few anonymous comments on a discussion forum aimed at a crowd that are relatively privileged compared to most of the World's population.

Jests aside, these are all valid points, and it's sad that the current political climate has become so polarized that it's difficult to have a reasonable discussion about this. Going from one extreme to the other won't necessarily result in a net improvement.

There have always been elites. There will always be elites. The question is, can we afford the rent overhead of our current elites in return for the stability they provide? If not, then a new elite will seize the opportunity and replace them. I'd wager the dissatisfaction with "productivity and growth" is an expression of frustration with a high rent-overhead from a rent-seeking elite, which has ceased to do what made them the elite in the first place.