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Facebook - and Whatsapp and maybe Instagram too - need to be reframed as a global public utility rather than a private enterprise.
It would take some doing... But they're too big, too powerful, and too spooky to be allowed continue as they are.
Think of it like nationalizing water or rail services - expensive and complicated at first, but ever so worth it in the end.
"But that's not fair to the founders and shareholders!" - Fuck 'em. Facebook has done so much damage: amplifying misinformation, polarizing societies, warping our most vulnerable minds, selling scams, etc. Shareholders ought to count their blessings they haven't been held responsible yet. They made their money - enough.