The point of the peer review system is to advance careers, not to produce high quality scholarship.
There are two separate issues here. One is that peer review fails in disciplines that are largely bogus and based on mimicry and posturing.
IMO this absolutely applies to a lot of academic social sciences - but it also applies equally, allowing for changes in tone, convention and social register, to their ideological equivalents on the right.
The other is that we really have a crisis of authority and competence in general. Between fake news, fake reviews, more and less professional trolls and manipulators, empty academic tribal signalling, wilfully dishonest fraud in professional science, the entire PR and thinktank industry of spin, manipulation, and lies for influence, and the slightly milder but still toxic ad industry, there's far too little useful signal now among the tsunami of noise that we have to sift through every day.