The world I see is divided into four: one part Marshall McLuhan, one part Aldous Huxley, one part cyberpunk and one part old colonialism.
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The colonial part should be obvious, except to say that colonialism in its traditional form has been extended to harvesting westerners too.
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The mechanisms of that particular element tend to be described sufficiently by terms like "neoliberalism", "capitalism" etc.
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Straightforwardly put, it's the operating world model for the majority of the world, and its consequence is a kind of global colonialism.
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modern colonialism is called globalisation, BigCorp is new nobility houses, quantitative easing is unlimited means.