A culture that devalues its own metrics for "success" is going through a significant transition. presumably towards different metrics. That's not "utterly destructive", though change is often accompanied by some destruction.
(*) for example, many tenured research scientists today earn more in real dollars and have more material wealth and comfort than almost any of the mid-20th century superstars. But who is the more successful scientist, Richard Feynman or someone you've never heard of with a great job at a big research university, lots of grant money flowing and a headstart from their upper-middle class parents?