After capital reaches a certain amount, wealth is no longer about effort. Capital keeps generating more capital. As long as you tax that capital and force it back into the economy, things will be okay. Otherwise, it will destroy the economy. This is a simple math problem that people, even on Hacker News where logic and math are valued, simply ignore. If the pie grows by 5% but 80 to 90% of that growth is captured by a small percentage, they will keep taking more as their capital increases, leaving a smaller share of the pie to be divided among more and more people. Ie the feudal times where most economic output was controlled by a few. The world is fast moving back to those times.