It's more like an incredible corruption of the Maoist "perpetual revolution" concept. So long as there's something "wrong" they can pretend to be noble and be fighting for it. The fact lots of money sloshes into the outrage movements is purely conincidental. Totally.
Like if anyone takes ten seconds (or have the balls to have a
proper report written like the UK govt did recently) then you know we're really on a general cultural cleanup operation in the West and widespread discrimination, and discrimination among government services especially was confined to the dustbin long ago.
But they can't have that because it means the money taps turn off, and many of these people who have built entire careers out of it, or want careers in it, will have to go out into the wider world with zero marketable skills other than "bitches loudly" and "can organise some arseholes to come scream and shout at you for a bit."
It's falling apart among a wider portion of the public, and its showing with the increasing backlash against "woke" happening in various countries.
Same as trying to go to the deep areas of the Rust Belt or the places addicted to hillbilly crack who's main industry fucked off to China and tell the white folks there that they're priviledged because they have White Skin and you'd wonder why the fuck you're waking up in a hospital 100 miles away. If you're lucky.
But right now it's in vogue (just like how Pride Month is now a corporatist shitshow that corporations didn't appeal to en masse until gay marriage was legalised at the federal level in the US, and the Marriage Equality act in the UK) so crowd followers have to go with it rather than experience an independant thought.