[estearum]

A practical concern is that capitalism (at its most ideal) is a mechanism to signal what people want/need, and as more capital accrues to fewer and fewer people, they become the only people whose wants/needs are important for the market to satisfy, which then breaks the central desirable trait of capitalism.

We should want enough variation in incomes to produce incentive for outsized value creation, but not so much that the market has relatively zero incentive to meet the needs of anyone who's not in the 1%.