There is zero reason not to include such a contract in every point of contact between you and society if you let people run with this one eventually the bottom of your receipt for a pound of grapes will contain such language and they'll call it a contract of adhesion.

If mandatory binding arbitration included as part of your standard interaction with businesses is a net negative for 99% of people and a positive for business owners and large stock holders there is no particular reason why the 99% can't vote not to allow the owners to do that.