Ah yes, our conspiracy theories are true.This would be a better argument if a) the theories about Big Tobacco and Big Oil hadn't been proven true (and in the former case, the rot went further than anyone had claimed); and b) the 0.1%ers weren't acting exactly as socialists have always predicted the oligarchs to act when presented with a threat to power. If you wanted to explain the last year in one sentence, you could do worse than the peasant in the Holy Grail: "now you see the violence inherent in the system."
To be a little less flippant, yes certain industries and individuals try to (and do) influence policy. But it is a collective effort of hundreds of different individual decisionmakers -- many of whom have directly contrary strategies and objectives. There is not a unitary 1% or "Big Pharma" or anything else in "control" of anything. That is not how the real world works.