The toxic neoliberalism that causes all the problems you describe in the US has infected Europe as well; its running riot with the coalition government in the UK trying to destroy the NHS by stealth, and on the continent its manifested by the technocrats running the Eurozone inflicting deliberate economic hardship on nations like Greece for the own byzantine macroeconomic aims.
The political classes of all western countries are heading towards Chinese levels of corruption, self-service, and outright theft. Democracy has descending into moronic partisan bickering over minor variations on the same agreed policies which are the real problem. Prime Ministers Questions makes the US Congress look like a bunch of functioning adults. The media is little more than clickbait and sensationalism.
This is the part of the post where you expect me to promote my Perfect Answer to all of this. Sorry, I don't have one. Anyone who claims they do is likely wrong.