Why yes, there is a vast world devouring monster with its tendrils encircling all of us, and it’s plainly visible once you notice it, and it’s everywhere. But you come off as insane when you try to tell other people about it.
Is SCP-3125 an allegory for capitalism? Shit.
Lovecraft was basically translating his alienation with capitalism into short stories. Unfortunately, being a reactionary for most his life, he punched down instead of up, and his fears were pointed at minorities and women and air conditioners instead of the pervasive system itself.