Many of us are waiting for the day that the wealth is spread to the outer reaches of the populace, those who have not. I suspect, we'd see a huge explosion of wealth for both less and more wealthy people. Here I'm not just talking about dollars on the bank statement, but a happy, enjoyable society to spend you time in. You don't have to step over the homeless person, for example.
Stop concentrating wealth, what does that mean? You're just going to give people stuff? Yep, you get a phone, you get shelter and everyone gets a bed, meal and healthcare.