You can still do a fair bit with lower level casting, as I think 3-4th level spells do most of Eberron's stuff with 5th level ones being the upper end for most purposes.
There's plenty of more traditional adventuring out in the wilds. Political intrigues don't operate solely on innate magical ability either. And there's all kinds of gladiatorial things in the more decadent ones.
I'm honestly not sure where you're going with this "lol u suck peon" thing, either or what you're really meaning. As has been said, caster superiority is based solely upon the classes, not the setting.