I agree - the term has reached a point where at this point it's become little more than an alt-right dogwhistle. The phenomenon is real, and really extremely common, and a new term should absolutely be introduced so that discussion of the concept isn't derailed by people constantly going "ugh it's such an oppressive thing". I doubt that new term would avoid the same thing happening, the alt-right does love to destroy the language of their enemies, but hey that brief time where it's useful would be convenient as hell.
Side note:
(I wouldn't normally point this out, but it's beside the point. That you're making a (literal, not dismissing you) semantic argument and the first sentence has a semantic error was too amusing not to point out.)