I actually disagree. Despite four years and their best efforts, they couldn’t even dismantle the USPS or ACA or the IRS. I’m actually a bit bullish on our government agencies. Are they under attack? Yes. How can we protect them? More democracy. If we have a healthy democracy, then we have healthy institutions. If we don’t have a healthy democracy, well, we have way bigger problems than whether internet is a government entity or not, because in a fascist state everything is essentially run by an oligarch anyways.
Democracy actually isn’t favorable to Wall Street. It favors labor far too much, and then the pesky issue of taxes. Corporate conglomeration actually wants oligarchy, not democracy. It’s far better for them to have absolute and total control to extort labor and consumers to drive wealth to a select few. Wall Street doesn’t care about democracy, it cares about funneling money to a small amount of people. They can do it in a democracy, but to say that they couldn’t also do it in an oligarchy they participate in is I think opposite what would actually happen.