> You had all this before social media. In school I have been made fun of, I have been beaten, people have stolen from me and destroyed my properties. They made pranks, used peer pressure and had huge vanity and popularity contests, while all playing the conformity game..

I think the difference is that social media gives a number by which that your success can be measured.

> social medias just magnify the characteristics of the existing society.

But the problem is that it does in an unnatural way that is prone to various kinds of manipulations. In other words it awards dishonesty. Some examples are posting an heavily edited photo, or not posting something that you want for fear of negative karma etc..

> you don't have the ability to change environment,

I don't know, but it looks like having an ability to change the environment as one wishes will only result in stunned growth..