Now it seems like the term achieved the opposite though.
Much like Zuboffs "surveillance capitalism" the term "enshittification" has successfully replaced any structural criticism of capitalism. We are again left with talking about some unwelcome symptoms of (digital) capitalism while - unintentionally - reinforcing the idea that "competition" and "markets" are in fact working and suitable systems of economic organisation.
It de-radicalized the debate instead of radicalizing it.