[seventytwo]

The problem isn’t necessarily the wealth itself, it’s the power feedback loop that comes with it. It’s the ability to influence the government to pass laws which maintain or amplify your existing wealth, which then increases your influence, etc.

There is nothing “free market” about this. There is no equitable or efficient destitution of resources when this kind of thing happens - and it will always happen, because it is an inevitability.

[simianwords]

you are right that wealth increases power. that may be a problem.

but i don't think redistribution can materially make people's lives better.

[throwawayqqq11]

Government funding for public services does very much improve peoples lives and you cant ignore the current wealth distribution, when you want to tap into "new" sources of income/taxation.

How could you miss these 2 elephants?

[seventytwo]

“May” be a problem? Come on man.