Your "option of taxing and fair redistribution" is actually a monstrous dictatorship. Every time it has been tried, many have perished and the median wealth has declined.
I see you hit upon the same critique that Marx has of the German Social Democratic Platform. There's no such thing as fair distribution, there's only class war. Prepare to be rinsed.
What on earth are you talking about? You believe the entire first world is a monstrous dictatorship?
the first world doesn't generally engage in wealth redistribution of that kind. Taxation for public services, yes, but straight up taking the money of the rich and successful and giving it to Joe Bluecollar? Not really.
What else would you call foodstamps, housing assistance and TANF?
keeping people alive? It's certainly not wealth redistribution.