People on these threads who remember me from years ago might recall the many charts I posted to show how the cost of a WDW vacation has grown oppressively faster than people's ability to pay for it. Here's just one of them:
At this point though.... both things can't be true: Pricing can't be oppressively high AND the park is overcrowded.
So which one is the more pressing problem? I can solve for overcrowding by raising prices, and I can solve for value by implementing capacity restrictions, but the results are exactly the same: some portion of the available audience is denied entry.
In a sense, I prefer the idea of straight across the board price increases, because they are simple to implement and don't require any additional thought on my part. I'm sure some folks are more comfortable with going the route in line with the status quo: park reservations, ADRs/Fastpasses months in advance, long standby lines and reduced services/amenities all in order to keep the experience affordable.
I think it's subjectively a toss up on which route is the "better" route. I wouldn't want to price people out, but I also don't want a miserable experience for people either.
But that leads us right to where Disney is today. What we are seeing here is the compromise between the two extremes. They don't want to raise prices to $200 to $300 dollars day because you're right, they will alienate way more of their audience and that can have remarkable effects on synergies they are getting elsewhere (with Disney+ and ShopDisney). On the flip side, they can't offer Fastpass to everyone, and they can't guarantee a ride on Space Mountain for everyone because capacity just won't allow it.
So if you can't offer a better experience to everyone, is it better to offer it only to those that are willing to pay more, or just not offer it at all?
Corporate leadership should have long-term vision. Today's TWDC is cashing in on the vision of generations past.
I don't have as negative as an outlook, although I think there is tremendous pressure on Disney to stay the same rather than innovate. I actually do think they are working on a solution ... that wouldn't be a 3rd US Resort or a 5th Park at WDW. Something that would move them forward.