Can we look at the graph of wealth disparity of America versus other nations?
Wouldn't the major Harris donors have bought the election if you are correct though?
Rational economic actors who produce goods and/or services will tend to supply what there is the most economic demand for (what brings them the most profit). If half the population has almost none of the money, then their needs have little economic demand behind them. So then what is the economic incentive to supply them with the things they need?
In other words, producing a hundred-million-dollar yacht is a hundred million dollars (less profit margin) that could have been invested toward a more collective good, thus increasing the supply of those goods, thus reducing their scarcity, thus reducing their price.
https://www.pewresearch.org/short-reads/2013/12/19/global-in...
Nevertheless, distributed power certainly is less dangerous than concentrated power, isn't it? Inequality is a metric of the overall concentration of such power in our free market society. More inequality means more power in the hands of fewer. They become more like kings each day, when does it stop?