Yeah, that's one of my top worries. It's already that way in much of the world. And the "liberal democracy" sector is teetering on the edge. Once we get seriously into the chaos of global climate change, pandemics, mass migrations, war and so on (aka Gibson's "Jackpot"), who knows?
It's from The Peripheral (and Agency) by William Gibson. I gather that "jackpot" alludes to the fact that some will/did profit from global culture collapse.