Yep, it's dead. Someone please make it official already. Don't worry about the autopsy or time/date of death - just get the death certificate already and let's move on.
Whether they want to replace it with something equivalent is frankly up to the rich people, college institutions, and home owners/sellers. Just guessing based on the trend, but that will also be a No.
Right now, it's really called "The American Survival Games". This isn't just fear mongering, you have to change your mindset. The American Dream meant you were assured some level of survival in exchange for work. Now that is not the case and you constantly have to reassess what your work trajectory is going to get you and if it will be enough to survive the next day, but also survive the volatility of a very polarized nation changing its policies on a whim. You also need a backup plan for your job in case you just get laid off due to no fault of your own. And a backup plan for the backup plan because the hiring landscape might change.