Too bad _most_ wealth isn't the fruit of labor but extracted rents and 'what they want' is to preserve those rents in inflated non-productive financial instruments.
Production doesn't come to a halt without entrepreneurs in any world except Ayn Rand's.
Imaginatron, Fantasticallipsis, Non-existamatica, and of course many others.
Can you honestly name a single company that was founded in this way you claim would be better?
Rich people do things like own Amazon rather than own a huge pile of money; this makes them rich because a whole lot of other people are willing to give them money. This also doesn't directly affect you, but at least it indirectly affects you differently.
There is no such thing as money hoarding. "Money hoarding" is ideological and utter nonsense.
I 100% agree that people who _move production and efficiency forward_ should be allowed to allocate more capital!
Where I imagine we disagree is about what counts as productive
Low interest rates create zombie companies that are only staying alive thanks to cheap credit. If the Fed were to raise rates all those unproductive companies would go bankrupt at the same time and we would have the biggest crash in the last 80 years. The only reason you would keep this scheme going is because you care about the owners of those financial instruments and those owners aren't poor people.