I don't think we're there yet, and I think we can still use the ballot box to effect change, but fear of a socialist revolution and mob violence was one of the catalysts behind the new deal.
So if you can't understand how hurting the pocket books of "the elite" can encourage them to compromise, you haven't been paying attention to history.
History says that mob violence is probably more likely to lead to a dictatorship than to another new deal, but you're being willfully ignorant if you don't acknowledge the existence of a potential chain of consequences that starts with "damaging companies' bottom lines" and ends with policy change.