Well, once upon a time a small city-state on the edge of the Mediterranean world slowly but surely conquered their environs, razed their rival's capital to the ground, and eventually conquered the entire "lake" in the pursuit of more and more profit. In Europe, they founded numerous settler-colonial towns, enslaving many of the local Celts in Iberia, Gaul and Britain and assimilating the surviving elites. Their urban culture featured a wasteful culture of public spectacles in which the enslaved and the free fought themselves and animals to the death. The luxury economy of this bloated imperium was ecocidal centuries upon centuries before industrialization, and the lack of a solid state bureaucracy created a culture of constant civil wars between ambitious generals.
Eventually, these civil wars eliminated even the patrician republic, leading to the elevation of Caesars -- who passed from power with surprising rapidity. Civil wars were interspersed with ocassional periods that actually allowed for peace and prosperity. The senatorial elites became parasitic landowners the rival of even our modern billionaires, if not even more wealthy in comparative terms. As the possibilities of conquest were blunted by overreach, civil wars and the Persians, the imperial elites civil wars grew even more intense, and the empire was nearly split.
When it was eventually split, latifundias degraded into out-and-out feudalism as controlled by the Germanic auxiliaries that overthrew the rotting carcass of the Western empire. In the East, the Roman national sport of fratricidal civil wars between generals and their landowner backers would continue for another thousand years, Christianity's reforms to their culture aside.
It may not have been "dystopian" in the classic 20th century novel sense, but a slave-heavy extractive economy that featured the practice of humans fighting to the death for the amusement of the imperial metropolis comes pretty close. Rome could absolutely be spun in a Huxleyan sense.