Something that i think is important to understand about this, and while Grey does mention it, its brief and towards the end, is that this framework isn't unique to governments. These patterns show up in human organization at basically every level.

So I'm going to push back on the idea that

this is horrible and this system should be abolished

Depending on what "this system" means to you.

I think it's much more useful to understand the incentives at play and build systems that minimize the damage consolidated power can do, and limit the ability for power to accumulate. That is... very much easier said than done, but I think it's needed effort.