Agreed. In the U.S., the two-party duopoly is a manifestation of the problem. Neither party really stands for any long-term principle anymore (if they ever did). Although both parties will still sometimes selectively campaign on some historical principle, once in power they'll strategically weaken legislation, craft loopholes, defund enforcement or stage manage their votes so nothing that really matters to their stakeholders changes meaningfully.
Anyone still invested in the Kabuki theater of party vs party, even on a 'lesser of evils' basis, is missing the real meta that's unfolding.