I certainly do think the publishing culture has become broken.
There is no doubt in my mind that if Einstein appeared in this environment he'd have been labelled a crackpot and it would have taken fifty years or more before anyone even began to take him seriously.
The fact we now have a global network of entities competing for funding from relatively narrow sources means that those that deviate rapidly get weeded out. There is at least the perception that prior to about 1990 different institutions could be quite divergent with their views on particular ideas, violently disagree, but both still pursue research in their unique directions. The world seems far more homogeneous today.