That's capitalism, you're just talking about capitalism, which, by definition, entails the exploitation and suffering for the many for the enrichment of the few unless restrained by the heavy hand of the state.
Absolutely ahistorical nonsense. If one was to pick a tipping point, it was 2008 with the election of a Black President which drove the right completely insane.
And it's funny as hell to see a guy who unironically uses the term "commies" whine about "tribalism".