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As someone who hates the government and the megacorps, I loathe statements like the OPs because there are so many legit and real reasons to hate shit before we come up with "KFC doesn't call themselves Kentucky Fried Chicken anymore because there isn't enough chicken in their product" type of conspiracy nonsense.

Also, based on the statement, you're buying shit pizza from trash restaurants/frozen garbage. That's why the crust is bad. Pizza is one of the cheapest things you can make, that's why when I worked in restaurants I always said if you can't make money selling pizza you need to get out of the industry.

In the 80-90's fried food was vilified and they wanted to start selling things beyond chicken. The old name carried prejudices the corporate overlords wanted to eliminate.

Okay, but pizza crusts have gotten worse over the years and there's only 4 ingredients and one is water, so...

There's different grades of flour and different countries grade them differently.