> So-called "intellectual property" laws dramatically skew what can and cannot be shared

Agree! let's get rid of these :)

> Censorship at the behest of world governments is rampant

Agree! States have always pursued censorship to maintain power. That doesn't contradict the point that social media companies themselves are not state actors, and are not the problem.

> States ... pick winners and losers

I'm not sure I'm 100% on board here. States may thumb the scales, but the fact of the existence of FAANG/MANGO seems much more like a market phenomenon than an interventionist project.

> social media barons meet with POTUS all the freakin' time

There is almost no clearer display of corporate self-preservation than social media vendors kowtowing to the president.

Much of what you're outlining is standard run of the mill corruption. The US Government (and others) is acting in contradiction to its stated principles. This is not a new phenomenon, and seems in the category of core human governance challenges.