It's a self fulfilling prophecy... while us commoners, or so called "activists" or ethicists ponder and debate on culture, morality, law and ethics... The powerful are just living an alternate life devoid of all these moral qualms and are have clearly distanced themselves from the mundane, have distanced themselves from the guilt or any kind of accountability. In their eyes, they are just capitalising on the human tendencies which have been always existed (the seven deadly sins), so the "absolve" themselves pretty quickly by saying that they are not creating new "sins", just leveraging, or allowing the people to go along those sins.
They think, why should they be the ones to not capitalise on them, if someone else might and will. It's a coordination problem of our society. No one wants to let go. They want to hedge, they invest in ozempic and invest in fast-food at the same time, there is no moral compass guiding them. It's for us commoners to debate and think about.