This undermining led, in turn, to these goods being undermined in reality, as the norm-shaping power of authoritative institutions grew tenuous with liberalism’s advance.
We're getting deep into "get off my lawn" territory here. He's ranting, but without seeing the dual prongs of Liberalism.
The emphasis of profits, or increae in cheating are due to the Leviathan replacing norms? How, exactly, does reliance on the government incentivize an orientation towards profits?